When you buy diamond jewelry for yourself or someone special, you're making a big investment. You'll possibly pay top dollar for the most beautiful diamond and setting out there; therefore, you'll understandably want to ensure that your diamond comes from an ethical and credible source.
Why? In the past, the price you paid for your diamond might have been very small compared to the actual cost of getting that diamond to you. Fortunately, there is now a worldwide initiative in place that prevents the trade of what the industry calls “conflict diamonds.” This initiative, known as The Kimberley Process, is strongly enforced by reputable diamond brands such as Hearts On Fire to ensure that all diamonds are ethical sourced.
For a little more background…
Conflict diamonds, while rare today, are diamonds whose profits are used to fund ongoing civil wars in diamond-producing countries. Once these gems are sold, the money profited is used to purchase weapons, drugs, and slave soldiers. Because of the high value of diamond mines, there used to be constant fighting between armed militias for control of the production. In reaction to this ongoing violence, South African diamond-producing states decided to meet in Kimberley, South Africa, in May 2000. The purpose of the meeting was to strategize on how to stop the trade of conflict diamonds and the meeting's attendees sought to ensure that diamond purchases would no longer fund the violence of the rebel movements and their allies seeking to undermine legitimate governments.
The major turning point occurred seven months later, when the United Nations General Assembly adopted a resolution supporting the establishment of an international certification scheme for rough diamonds. Within two years, negotiations between governments, civil society organizations and the international diamond industry culminated in the birth of the Kimberley Process Certification Scheme (KPCS). The KPCS is a document which decrees the requirements for controlling rough diamond production and trade.
The Kimberley Process is available to all countries that are willing to comply with its requirements. As of January 2012, the Kimberley Process had fifty participants representing seventy-six countries. Approximately 99.8% of the global production of rough diamonds is accounted for by Kimberley Process members, meaning only 0.2% of rough diamond production may potentially use conflict diamonds.
To prevent conflict diamonds from entering the legitimate trade, and to ensure that its members buy and sell only conflict-free diamonds, the Kimberley Process imposes strict and extensive requirements on its participants. Now, when you buy a diamond that states it adheres to the Kimberley Process, as all Hearts On Fire diamonds do, you can rest assured that your diamond is conflict-free.
Want to learn even more about diamonds? Check out these additional articles:
Fun Facts About Diamonds
The World's Most Famous Diamonds
How Diamonds Get From a Mine to You