#kimberly process

In 2003 the Kimberley Process Certification Scheme (KPCS) was established and internationally adopted in order to monitor international diamond trade and to eventually eradicate conflict diamonds. Over 70 countries world-wide signed the Kimberley treaty and have agreed to only buy and sell from other participants. These participatory governments pledged to follow strict guidelines in the import and export of diamonds, certifying that they are legitimate, and subject to invoice review and mine review by an international committee. 

MOZAMBIQUE WANTS ANGOLA'S HELP WITH DIAMOND MINING

Mozambique does not want to be left out of diamond mining profits any longer. The country's resources minister announced last week her intentions to develop Mozambique diamonds with nearby Angola's help, allAfrica reports. Last week Esperanca Bias, the resources minister, met with her Angolan counterpart to discuss collaboration efforts. In 2007 the two west African nations signed a cooperation agreement on mining and geology. Angola, the more experienced miner, will help Mozambique locate its diamonds, Bias said. She also hopes public companies in both states will work together on extracting diamonds. Anglo will help Mozambique adhere to the Kimberly Process which involves a set of measures aimed at preventing conflict diamonds from entering the marketplace. “By the end of this year, our public companies must reach an agreement on how to advance with joint geological work," Bias said. “We have a Mozambican team which will visit Angola in the coming months to discuss the Kimberley process with the Angolan institutions”. A geological survey of eight years ago found diamonds but geologists are not sure where they are exactly.

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