Kimberly Process OKs Zimbabwe Diamond Mine
The Kimberly Process has certified Zimbabwe based Diamond Mining Company to sell its diamonds from the controversial Marange fields. The blood diamonds from the Marange fields have been behind major upheavals faced by the international diamond watchdog in recent times.
Prince Mupazviriho, permanent secretary in the mines ministry announced to local media in the country that the firm which is a joint venture between the Zimbabwean government and a company in the United Arab Emirates was the fourth mine in the region that received approval from the Kimberly Process.
Philippe Mellier, De Beers chief executive officer said that the rough diamonds from Zimbabwe would not have much impact on demand for De Beers products. He said that the Zimbabwe stones were of a lower quality and certainly compared to the quality of diamonds that De Beers was offering. He thought that they could compete quite nicely with them.
The De Beers chief did not comment on the controversial decision of the Kimberly Process to allow the diamonds tainted by human rights issues to trade in the global market. He added that De Beers cannot prevent its sightholder clients from buying Zimbabwe goods as long as the goods are KP compliant and that the sightholders abide by De Beers best practice principles.
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Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.
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