Who Buys: Blood Diamonds

"Blood diamonds"—or —are rough diamonds mined in war zones and sold to finance insurgencies, terrorism, or illegal armed groups fighting against legitimate governments. Despite the implementation of the Kimberley Process (KP) in 2003, which aimed to curb their trade, blood diamonds still find their way into the legitimate market.

Because blood diamonds can be mixed with legitimate stocks and subsequently cut and polished, they become virtually identical to non-conflict diamonds, making them difficult to detect once they reach consumers. who buys blood diamonds

In the 1990s, blood diamonds constituted up to 15% of the global trade, generating huge profits from consumer sales. 3. Companies and State-Linked Entities "Blood diamonds"—or —are rough diamonds mined in war

In modern cases, blood diamonds are not always linked to non-state rebels; sometimes, they are linked to state-sanctioned abuses or forced labor. In the 1990s, blood diamonds constituted up to