Conflict diamonds (also known as blood diamonds) are, as they sound, diamonds that come from conflict areas, where local militia try to use diamonds to finance their activities. These precious stones financially benefit these terrorist and revolutionist groups and become intertwined with negative political dealings. So, it’s important to ensure your investment diamonds are conflict-free and sustain the ethical process of your diamond purchase.
So, how might you avoid accidentally purchasing conflict diamonds?
The Kimberley Process Certification System was set up to prevent these diamonds from entering the world market by controlling the origin of diamonds from conflict areas. The Kimberley Process is an international system that regulates diamond business in order to guarantee that they come from conflict-free areas. As of 2008, iIt was determined that in 2008, 99.9% of diamond transactions concerned non-conflict diamonds thanks to the Kimberley Process.
This certification guarantees your stone is not a 'conflict' diamond. So, when you seek diamonds for investment purposes, it’s important to ensure that purchase comes with a certification from the Kimberley Process. Not only will this help you invest ethically, but it also helps you maintain the resale value of your diamonds since they are accompanied with verifiable documentation. Ensuring diamond purchases are conflict-free also help you strengthen the authenticity and legitimacy of your investment.
Want to ensure your diamond purchase is conflict-free? BNT Diamonds has a zero-tolerance policy towards conflict diamonds. We only buy diamonds through the largest and most respected Antwerp dealers in Belgium, and proudly respect the standards set up by the Kimberley Process. We take pride in knowing we offer the highest quality, conflict-free stones.