Natural Diamond Prices – December 2024
At PriceScope, we remain dedicated to providing timely and insightful updates on the latest trends in the diamond market. Our expert analysis focuses on the economic and social changes shaping…
By Erika W.
NGO Global Witness withdraws from the Kimberley Process and the Responsible Jewellery Council delays “chain-of-custody” plans amid industry criticism.
Idex – Global Witness Leaves Kimberley Process
NGO Global Witness today announced that it has left the Kimberley Process (KP), the international certification scheme established to stop the trade in conflict diamonds.
Global Witness today announced that it has left the Kimberley Process, the international certification scheme established to stop the trade in blood diamonds.
World Diamond Council Statement
The World Diamond Council expresses its regret at the announcement by Global Witness that it is leaving the Kimberley Process, and calls upon the organization’s leadership to reconsider its position.
JCK’s Rob Bates – RJC Punts on Chain of Custody
This morning, the Responsible Jewellery Council announced it was delaying implementation of its “chain of custody” initiative for diamonds, in response to trade objections.
In a telephone conversation over the weekend, Responsible Jewellery Council (RJC) Vice-Chairman John Hall informed us that the launch of the organization’s Chain of Custody (CoC) framework will be delayed until appropriate input can be considered from a dialogue with members of the trade and industry in Israel, India and elsewhere.
*Pricescope members are currently discussing the KP, NGOs, and the RJC in an ongoing forum thread. Share your thoughts on the Kimberley Process and the Chinese discussion thread.
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