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What proportion of diamonds sold are blood diamonds?

Best Answers

This is really an issue of the past, however, once a diamond is in circulation, one can never really know where it came from. However, recent diamond mines have provenances that are included with the purchase of the rough. read more

Blood or conflict diamonds account for less than 1% of all the diamonds on the market. That’s partly due to something called the Kimberley Process, but largely due to the fact that most of the conflicts in diamond-producing countries have ended. read more

The diamond industry estimates that conflict diamonds represent 4 percent of the total trade in rough diamonds. Others have estimated that conflict diamonds could amount to as high as 15 percent of the total trade. In 2001, the diamond industry produced rough diamonds with a market value of $7.9 billion. read more

Encyclopedia Research

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Further Research

Facts About Blood Diamonds
www.cbsnews.com

the Truth About Diamonds
www.globalwitness.org

What Are Conflict Diamonds
www.gemrockauctions.com