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Article

12 Nov 2011

Author:
Business Live [South Africa]

De Beers to avoid Zimbabwe gems

De Beers high-quality diamond retail arm Forevermark will not sell any diamonds from Zimbabwe's controversial Marange fields, CEO Stephen Lussier said at the launch of the exclusive brand...This comes after the diamond regulator, Kimberley Process...gave Zimbabwe the green light to resume diamond exports from its Marange fields. International sales from Marange were banned in 2009 because of military interference in the country's mines, which included abuses such as murder and rape.[also refers to Carato]