My first Magazine What are conflict diamonds and what’s wrong about | Page 3
Because of the notorious civil clashes in these nations, Africa has been underlined as a non-reliable
source of rough diamonds and a hub of vicious, violent and corrupt diamond exchanges. In any case,
this is a general misguided judgment. Just a single diamond mining nation, the Ivory Coast, is at
present banished from mining and exchanging of diamonds. The Ivory Coast has been under a UN
Security Council Resolution which prohibits the extraction and bourse of diamonds since November
2007.
Also, various African nations, for example, Botswana, Namibia and South Africa, have created legal
centres where they could mine and manufacture diamonds, which have helped them improve both
socially and monetarily from diamond incomes. In many cases, the precious stone businesses’ in
these nations generate more employment opportunities, a steady economy for the country and an
unfaltering and proper income source to the citizens of the country. Initiatives like public-health
care, education projects, community service programs etc. have taken place due to the local
partnerships with diamond mining companies.