Conflict Diamonds
Here’s a feature story I did for The Eagle back in January…
At some point in their lives, many American girls will slip a diamond ring on their finger. It will be at the request of a significant other who carefully selected the cut, color, and carat of the rock and then wrote the biggest check of their life on the glass jeweler’s counter. The stone is meant to be a symbol of undying love, showing that both parties are willing to make the relationship last until the very end. It is difficult to imagine that in
In several parts of
The problem of conflict diamonds has lessened considerably since then, thanks to peace in
Before the Process, conflict diamonds would be sold to suppliers and, being completely unmarked, blend in with clean gems. They would make their way into jewelry stores and onto ring fingers, all virtually untraceable. Now every diamond sold must be shipped in a tamper-resistant container and accompanied by a Kimberly Process certificate that states its origin. This is supposed to keep the politically-questionable rocks out of the picture by keeping conflict diamond-producing areas out of the diamond trade, but there are substantial loopholes in the system.
Conflict diamonds are still entering the global market through places like
Rest assured. Blood diamonds hardly dominate the market. In fact, their abundance in the diamond world is quite small. The World Diamond Council says they represent less than one percent the world’s diamond production. Still, that’s pretty substantial when one considers that in 2005, $33.7 billion worth of diamonds were sold in
I realize this all sounds pretty devastating if you’re in the market for a diamond (Valentine’s Day’s coming up, you know). Most people wouldn’t want to think that their princess-cut, Tiffany-set, one-and-a-half carat bank account-buster helped to buy a rebel warlord’s latest M-16. But can the individual consumer really do anything about this problem? Well, Amnesty International and Global Witness advise jewelry buyers to ask their jeweler for a written guarantee from their diamond supplier stating that the diamond being purchased is conflict-free. Sounds easy enough, right?
When I asked about her company’s policy on conflict diamonds, a saleslady at Kay Jewelers quickly assured me that I “can be confident that concrete and comprehensive measures are being taken to ensure the products we sell do not include conflict diamonds.” An eloquent response, yes, but it’s a lot less impressive when you see her reading from the brochure. The pamphlet says diamond suppliers provide Kay with a written guarantee regarding the origin of their product, but it’s unclear whether or not the consumer receives such a warranty. The lady behind the counter wouldn’t answer any further questions on the subject.
Roger’s Jewelers provided a bit more information. When asked if they supply customers with written guarantees that their diamonds are conflict-free, the salesperson gave a less-than-assuring “I’m sure we could.” She did say the store “hand-selects all our diamonds and we buy from diamond houses that are governed by the Kimberley Process.”
That’s about as good as guarantees get from jewelry stores. The real problems in the diamond industry come at the higher levels, where the blood diamonds slip in. Until the Kimberley Process is completely patched up (which they’re working on), this is going to keep happening. So where does that leave you if you’re planning on popping the question? Probably shelling out three months’ pay.
