Sourcing the Planet, Delivering the World...
中文 / English   

African Diamond Association Will Perform Diamond Polishing Task

2007: African Diamond Association Will Officially Sign A Contract Soon

May 2007

Members of the African Diamond Producers Association, a newly formed group, are now backing away from statements that they want to form an "OPEC of diamonds."

DRC’s deputy minister of mines Victor Kasongo now says that he was misquoted by Bloomberg news service, which said he wanted a "diamond OPEC." He now says the goal of his group is to increase diamond manufacturing and cutting throughout Africa. The governments in South Africa, Namibia and Botswana have already done this.

One South African government source told reporters: "If ADPA is working together on cutting and polishing, jewellery production and training of people, then it will work, if it is built on pricing it won’t."

Others said the group should be focused on the Kimberley Process, which prevents diamonds from fueling wars.

The diamond association will be officially constituted at the end of the month.


For over twenty years we produced
The Diamond Registry Bulletin.
In this section you will find very useful articles and tools on how to purchase a diamond.

2011 2010 2009
2008 2007 2006
2005 2004 2003
2002 2001 2000
GIA Jewelers Board JBT Website