Conflict diamonds (also known as ‘blood diamonds’), are diamonds that are mined and traded through violent and illegal means. These diamonds are then sold to fund civil war and terrorism. The conflict diamond trade is a multi-billion dollar industry and millions of lives have been lost as a result.
This illegal trade has fuelled brutality and war in places such as Sierra Leone, Angola and the Democratic Republic of Congo (DRC); where rebels and warmongers controlled civilians and breached human rights using weapons which were funded by the sale of conflict diamonds.
In 2003, the United Nations established an initiative to prevent diamond sales from funding violence. The Kimberley Process Certification Scheme (KPCS) imposes requirements on participants to certify that shipments of rough diamonds are conflict-free. The purpose of the scheme is to prevent conflict diamonds from entering the market and being sold, which would in turn evaporate criminal funding. This initiative also protects individuals from unknowingly purchasing conflict diamonds.
Today, conflict diamonds are estimated to account for less than 1% of world diamond production.
Larsen Jewellery does not sell or deal with any suppliers who are, or may be, involved with conflict diamonds. Larsen Jewellery is also a proud member of the Jewellers Association of Australia and the Goldsmiths Guild of Australia.
To view any of our beautiful, conflict-free loose diamonds, please call Larsen Jewellery in Sydney: 02 9223 2006.