Conflict Minerals Policy Statement (Diamond & Gem Stone)
OOPAL DIAMOND is committed to being a responsible corporate citizen and is opposed to human rights abuses. As part of that commitment, OOPAL DIAMOND seeks to source products, components and materials from companies that share our values around human rights, ethics and environmental responsibility.
OOPAL DIAMOND shall strive to ensure that all its supply of diamonds are not originating from CAHRA’s and where practically possible origin of diamonds is know to us.
What Are "Conflict Diamonds"?
Known as "Conflict Diamonds," are stones that are produced in areas controlled by rebel forces that are opposed to internationally recognized governments. The rebels sell these diamonds, and the money is used to purchase arms or to fund their military actions.
Blood Diamonds are often produced through the forced labour of men, women and children. They are also stolen during shipment or seized by attacking the mining operations of legitimate producers. These attacks can be on the scale of a large military operation.
The stones are then smuggled into the international diamond trade and sold as legitimate gems. These diamonds are often the main source of funding for the rebels; however, arms merchants, smugglers, and dishonest diamond traders enable their actions. Enormous amounts of money are at stake, and bribes, threats, torture, and murder are modes of operation. This is why the term "blood diamonds" is used.
Angola, Coast, Democratic Republic of the Congo, Liberia, Sierra Leone, Republic of the Congo & Zimbabwe Marange Diamond Fields
OOPAL DIAMOND shall ensure that none of its supplies are coming from above sources. Sight Holder shall communicate its sourcing policy to all the stakeholders and will ensure effective implementation among them.