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CAR Announces Diamond-Buying Reforms
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The Central African Republic (CAR) on Thursday unveiled a program to overhaul its diamond sector, with the goal of increasing its export revenue. Diamond buyers operating in the country must pledge to improve transparency and meet...
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Rough Markets
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Oct 03, 2019
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Rapaport News
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WDC Warns Against Smuggled CAR Diamonds
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The World Diamond Council (WDC) has cautioned the trade to be vigilant when buying diamonds from the Central African Republic (CAR) since most of the country’s rough is being smuggled across its borders.The Kimberley...
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Rough Markets
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Oct 02, 2019
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Avi Krawitz
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Peter Meeus to Advise WFDB on Synthetics
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The World Federation of Diamond Bourses (WFDB) has hiredPeter Meeus as an external adviser. He will be responsible for helping theorganization fine-tune its position on lab-grown diamonds and other industrymatters. Synthetic diamonds are a huge concern in the...
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Polished Markets
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Jun 27, 2019
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Leah Meirovich
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CAR Invites De Beers and Alrosa to Mine Its Diamonds
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The Central African Republic (CAR) is trying to entice large diamond-mining companies to set up operations in thecountry, as part of its effort to reform the sector and meetKimberley Process (KP) regulations. The government has already contacted both...
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Mining
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Apr 02, 2019
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Leah Meirovich
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CAR Appeals for Wider Diamond Clearance
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The Central African Republic (CAR) is hoping this week’s Kimberley Process (KP) meeting will help raise its rough-diamond exports. Mining Minister Leopold Mboli Fatran is appealing to the KP to approve nine additional zones from...
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Rough Markets
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Nov 12, 2018
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Avi Krawitz
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Violence Limiting CAR Diamond Exports
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Continued violence in the Central African Republic (CAR) ismaking it impossible for the nation to develop its diamond sector, according to the World DiamondCouncil (WDC). A massacre in Bria left 30 people dead last week — thelatest in a string...
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Rough Markets
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Oct 25, 2018
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Leah Meirovich
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Diamond Resources Might Not Be Forever
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While it’s true that value comes from rarity, no naturalresource lasts forever, and the rare is becoming even rarer. Diamond productionis set to peak in 2019, after which it will begin a steady decline. De Beersestimates global...
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Mining
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Aug 14, 2018
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Leah Meirovich
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Diamonds Still Linked to Conflict – Civil Society
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Civil-society groups have lashed out at the lack of transparency in the diamond industry, claiming the trade continues to be linked to human-rights abuses, conflict finance and corruption. “Although the diamond industry is not the only sector...
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Fair Trade
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Jul 31, 2018
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Avi Krawitz
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KP Accelerates CAR’s Diamond Exports
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The Kimberley Process (KP) has agreed to shorten the amountof time it takes to clear diamond exports from the Central African Republic(CAR) to one week.The KP monitoring team that polices CAR’s exports made thedecision following...
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Rough Markets
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Jun 27, 2018
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Rapaport News
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CAR Appoints Peter Meeus as Adviser
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The Central AfricanRepublic (CAR) has appointed industry veteran Peter Meeus as a governmentadviser, in line with the nation’s efforts to make its diamond sector compliantwith global standards.Meeus (pictured), asinternational diamond specialist and special adviser,...
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Rough Markets
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Jun 14, 2018
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Rapaport News
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Global Witness Urges Trade to Improve CAR Checks
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Global Witness has called on diamond buyers to step up their due diligence when trading with the Central African Republic (CAR) so as to prevent conflict diamonds from entering the international market.Last month, the organization published...
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Rough Markets
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Jul 12, 2017
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Rapaport News
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CAR Claims Diamond Smuggling Slowing
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The Central African Republic (CAR) defended itself recently againstallegations that dealers were smuggling rough diamonds out of the country usingsocial media, arguing that the phenomenon was becoming less common.A report by Global...
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Rough Markets
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Jul 10, 2017
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Rapaport News
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Global Witness Warns of CAR Diamond Smuggling
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Smugglers are using social-media platforms such asFacebook and WhatsApp to get diamonds out of the Central African Republic (CAR)and into international markets, Global Witness claimed in a report last week.A representative from the organization...
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Rough Markets
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Jun 26, 2017
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Joshua Freedman
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KP to Audit CAR Diamond Stockpiles
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The Kimberley Process (KP) is seeking a forensic auditor tocomb through diamond stockpiles in the Central African Republic (CAR) and assess which stones recovered during the nation’s suspension may beexported.CAR was suspendedfrom the...
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Fair Trade
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Dec 20, 2016
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Rapaport News
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Cameroon Enabling CAR Conflict Diamonds: NGO
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Conflict diamonds from the Central African Republic (CAR) are entering the supply chain because of poor prevention controls, non-governmental group Partnership Africa Canada (PAC) alleged.Rough stones are being smuggled across the...
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Rough Markets
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Dec 05, 2016
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Rapaport News
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CAR Set to Increase Diamond Exports
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The Kimberley Process (KP) declared three new ‘compliantzones’ in the Central African Republic, meaning diamond exports from thoseregions can resume after a suspension of more than two years.The KP’s monitoring team approved shipments...
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Retail
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Sep 27, 2016
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Rapaport News
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KP Chair Makes Symbolic Visit to CAR
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Ahmed Bin Sulayem has become the first sitting KimberleyProcess chairman to visit the Central African Republic (CAR), embarking on the tripafter the country recently resumed diamond exports.“My visit here this week is to see...
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Mining
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Jun 21, 2016
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Rapaport News
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Fair Trade
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Mar 23, 2016
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Rapaport News
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Central African Republic Deal Opens Door to KP Return
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The Central AfricanRepublic (CAR) will soon resume exporting diamonds after a deal was struckbetween its government and the country’s main miner, Sodiam, The National reported.The African country has been unable to export...
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Fair Trade
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Mar 13, 2016
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Rapaport News
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Pope Warns Africa’s Illegal Diamond Trade Abets Crime, Terrorism
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PopeFrancishas warned Africa’s illegal trade in diamonds and other precious resources abetscriminal activities and terrorism while undermining political stability.“Human selfishness” and the abuse of the poor and excludedrisked tearing Africa into pieces,...
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Fair Trade
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Nov 30, 2015
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Rapaport News
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