Who Buys Blood Diamonds May 2026

"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.

The initial buyers are typically black-market merchants and organized crime syndicates, particularly in West and Central Africa. 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

Those who buy or profit from blood diamonds include middlemen, criminal syndicates, and, often unknowingly, international retailers and consumers. 1. Illicit Traders and Smugglers In the 1990s, blood diamonds constituted up to

Some buying houses have been documented purchasing diamonds in conflict areas without adequately investigating if they financed armed groups. 2. The International Jewelry Market