From BDLive

The Central African Republic could face a ban on exports of its diamonds if the Kimberley Process initiative, set up to stem the flow of conflict diamonds, approves a suspension at a meeting on May 10, the head of the process said on Monday.

Controls there had collapsed after a March coup, Kimberley Process chairman Welile Nhlapo told reporters at a meeting of the World Diamond Council in Tel Aviv.

The Central African Republic’s new leader, Michel Djotodia, toppled Francois Bozize’s regime after leading thousands of his Seleka rebels into the capital Bangui, triggering days of looting.

Mining continued in areas controlled by the rebels, “and the diamonds that are being mined are not finding themselves in the rightful place where they can undergo all the processes that are Kimberley Process compliant”, Mr Nhlapo said.

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