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From Military
Engagements to
Engagement Rings
Tracing The Path of Conflict
Diamonds
Just Another Form of Carbon
 Deep below the Earth’s
surface (75-100 miles)
extreme heat and pressure
crystallize carbon atoms
 Diamonds are then carried
to the earth’s surface during
volcanic eruptions
Where Are Diamonds Found?
 Diamonds can either
be found through:
 Industrial mining
 Alluvial (river) mining
 Most of the diamond deposits currently mined in
places such as Sierra Leone and Angola are alluvial,
requiring only a shovel, a pan, and hard labor to
mine.
“A Diamond is Forever”
 Diamonds Diamond engagement rings were not common until
1947, when De Beers launched its famous “A Diamond Is Forever”
marketing campaign in the United States.
 The goals of the campaign:
 To convince people diamonds are rare
 Diamonds are the way to express true love
 Men should be expected to spend at least 1 month’s salary on an
engagement ring
The Illusion of Scarcity
 The price of diamonds depends on the availability.
 If diamonds are considered rare, then diamond prices will remain high.
 If more diamonds are available, prices will drop.
 Companies like De Beers control the supply to keep prices high
 People think diamonds are rare and are willing to pay a lot of
money
0
200
400
600
800
1000
1200
Pre-1870s 1870s Formation of
De Beers
Total # of Diamonds Price Per Diamond
Easily Exploitable Resource
 How can diamonds cause
problems?
 The high price of diamonds
has caused rebel groups to
seek control of diamond
mines.
 Rebel groups such as the
RUF force civilians to mine for
diamonds.
Diamonds Fund Conflicts
 Rebel groups use the profits from the sale of diamonds to
buy more small arms and supplies.
 In the past decade, millions of people have become refugees
after being forced from their homes by diamond fueled
conflict.
 Millions more have died in diamond related conflicts over the
past decade.
Conflict Diamonds Increase Human
Rights Abuses
 Human rights abuses
such as:
 forced labor
 use of child soldiers
 amputation as a
punishment
Conflict Free Diamonds?
 Why is it difficult to track diamonds?
 Because diamonds are small and easy to transport, it is difficult to track all
diamonds leaving a given country.
 Smuggling and mixing diamonds from different origins makes
it almost impossible to know if the diamond came from a
conflict area.
The American Love Affair With
Diamonds
 The United States is the
largest market for diamond
jewelry, buying up nearly half
of the $56 billion in diamonds
sold last year.
 Would most Americans care
about buying only conflict free
diamonds?
 Would they be willing to pay
more?
International Initiative: The Kimberley
Process
 The Kimberley Process is
a voluntary initiative that
requires participants to
certify that shipments of
rough diamonds are
conflict free.
The Perfect Solution?
 While the Kimberley Process has not solved the problem of
conflict diamonds, it has reduced the amount of conflict
diamonds sold into the open market.
 Currently, violence funded by conflict diamonds is escalating
in Cote D’Ivoire, proving there are serious loopholes in the
Kimberley Process.
 Recommendations to strengthen the Kimberley Process
include increasing government oversight of the diamond
industry and strengthening government enforcement policies.

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From military engagements to engagement rings bb

  • 1. From Military Engagements to Engagement Rings Tracing The Path of Conflict Diamonds
  • 2. Just Another Form of Carbon  Deep below the Earth’s surface (75-100 miles) extreme heat and pressure crystallize carbon atoms  Diamonds are then carried to the earth’s surface during volcanic eruptions
  • 3. Where Are Diamonds Found?  Diamonds can either be found through:  Industrial mining  Alluvial (river) mining  Most of the diamond deposits currently mined in places such as Sierra Leone and Angola are alluvial, requiring only a shovel, a pan, and hard labor to mine.
  • 4. “A Diamond is Forever”  Diamonds Diamond engagement rings were not common until 1947, when De Beers launched its famous “A Diamond Is Forever” marketing campaign in the United States.  The goals of the campaign:  To convince people diamonds are rare  Diamonds are the way to express true love  Men should be expected to spend at least 1 month’s salary on an engagement ring
  • 5. The Illusion of Scarcity  The price of diamonds depends on the availability.  If diamonds are considered rare, then diamond prices will remain high.  If more diamonds are available, prices will drop.  Companies like De Beers control the supply to keep prices high  People think diamonds are rare and are willing to pay a lot of money 0 200 400 600 800 1000 1200 Pre-1870s 1870s Formation of De Beers Total # of Diamonds Price Per Diamond
  • 6. Easily Exploitable Resource  How can diamonds cause problems?  The high price of diamonds has caused rebel groups to seek control of diamond mines.  Rebel groups such as the RUF force civilians to mine for diamonds.
  • 7. Diamonds Fund Conflicts  Rebel groups use the profits from the sale of diamonds to buy more small arms and supplies.  In the past decade, millions of people have become refugees after being forced from their homes by diamond fueled conflict.  Millions more have died in diamond related conflicts over the past decade.
  • 8. Conflict Diamonds Increase Human Rights Abuses  Human rights abuses such as:  forced labor  use of child soldiers  amputation as a punishment
  • 9. Conflict Free Diamonds?  Why is it difficult to track diamonds?  Because diamonds are small and easy to transport, it is difficult to track all diamonds leaving a given country.  Smuggling and mixing diamonds from different origins makes it almost impossible to know if the diamond came from a conflict area.
  • 10. The American Love Affair With Diamonds  The United States is the largest market for diamond jewelry, buying up nearly half of the $56 billion in diamonds sold last year.  Would most Americans care about buying only conflict free diamonds?  Would they be willing to pay more?
  • 11. International Initiative: The Kimberley Process  The Kimberley Process is a voluntary initiative that requires participants to certify that shipments of rough diamonds are conflict free.
  • 12. The Perfect Solution?  While the Kimberley Process has not solved the problem of conflict diamonds, it has reduced the amount of conflict diamonds sold into the open market.  Currently, violence funded by conflict diamonds is escalating in Cote D’Ivoire, proving there are serious loopholes in the Kimberley Process.  Recommendations to strengthen the Kimberley Process include increasing government oversight of the diamond industry and strengthening government enforcement policies.