Navigating the Diamond Trade

In his role as a sales manager for Denya Diamonds, Amir Landsman learned a great deal about the international diamond trade. Gem-grade diamonds can go for exceptionally prices depending on clarity, size and color.

More than 90 percent of all diamonds are cut and polished in India. Diamond deposits are found and mined in locations around the world. However, nearly half of these diamonds originate from mines in the southern and central regions of Africa.

In addition to their use in jewelry, diamonds are in high demand in the industrial world due to their exceptional hardness and ability to cut through other substances easily. Diamond-edged saws are especially useful in the lumber and construction industries.

Reputable diamond dealers maintain a meticulous record of the provenance of the gemstones they sell. The Kimberly Process Certification Scheme was instituted by the United Nations in 2000 to combat the sale and shipment of conflict diamonds used to finance wars in African nations. The Kimberly Process requires that diamonds be shipped in tamper-proof containers and accompanied by detailed certificates that list the point of origin for the diamonds along with any stops made between the mine and the eventual destination.

This certification process provides a greater degree of control during the diamond shopping process and can allow buyers to enjoy a clear conscience when purchasing these unique and beautiful gems. Dealing only with reputable diamond retailers who comply with all aspects of the Kimberly Process can allow consumers to buy with confidence in the international diamond marketplace.