The recent sale of nearly 900,000 carats of rough diamonds from Zimbabwe's controversial Marange diamond mines has some diamond trading networks up in arms while others are scrambling to make a purchase.
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Approximately 1,500 small, medium and large Surat diamond merchants are coming together to form a company which will source raw diamonds.
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The Rapaport Diamond Trading Network has instructed its members to boycott diamonds originating from the Marange district mines in Zimbabwe despite an O.K. from the Kimberley Process Certification Scheme.
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Zimbabwe President Robert Mugabe decided to turn his younger sister’s funeral into an opportunity to tell the West and their diamond production sanctions to "go to hell".
Read MoreA teen from Alabama has found a way to make something beautiful out of the oil catastrophe in the Gulf Coast.
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