diamonds Archives - Page 3 of 3

Expert Tips for Buying and Selling Diamonds

August 21, 2024 by Tania

The diamond industry encompasses the mining, cutting, and trading of diamonds, which are then set in jewelry or sold for industrial use. Understanding “how to buy and sell diamonds” is a critical aspect of this vast and multifaceted industry.

Diamonds hold immense cultural and economic significance. They are often associated with love, commitment, and prestige, making them highly sought-after gemstones for engagement rings, wedding bands, and other forms of jewelry. Moreover, diamonds possess exceptional physical properties that render them suitable for various industrial applications, such as cutting tools, abrasives, and electronic components.

The Ultimate Guide to Buying Conflict-Free Diamonds: Ensuring Ethical Purchases

August 17, 2024 by Tania

Conflict-free diamonds, also known as ethical diamonds, are diamonds that are mined and traded without funding armed conflict or human rights abuses. Buying conflict-free diamonds helps ensure that your purchase does not contribute to violence or human suffering.

The Kimberley Process Certification Scheme (KPCS) is an international certification system that aims to prevent conflict diamonds from entering the legitimate diamond trade. However, the KPCS has been criticized for being ineffective, and some conflict diamonds still manage to enter the supply chain.

Expert Tips for Avoiding Conflict Diamonds

August 12, 2024 by Tania

Conflict diamonds, also known as “blood diamonds,” are diamonds that are mined in war zones and sold to finance armed conflicts. The Kimberley Process Certification Scheme was established in 2003 to prevent conflict diamonds from entering the legitimate diamond trade. However, some conflict diamonds still manage to enter the market, and it is important for consumers to be aware of how to avoid buying them.

There are a number of things that consumers can do to avoid buying conflict diamonds. First, they can only buy diamonds from reputable jewelers who are committed to selling conflict-free diamonds. Second, they can look for diamonds that are certified by the Kimberley Process Certification Scheme. Third, they can ask their jeweler about the origin of the diamonds they are considering purchasing.