TRADE ALERT: Rapaport Bans Zimbabwe Diamonds-Update on Nov. 16, 2009

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RAPAPORT…  November 12, 2010: The Rapaport Group and the RapNet Diamond Trading Network is implementing an immediate trading ban on all diamonds from Zimbabwe due to the severe human rights violations that have occurred in the country’s Marange fields. RapNet members should immediately remove all RapNet diamond listings originating from Zimbabwe. Firms and individuals that continue to trade in diamonds from Zimbabwe will be denied access to all Rapaport services.

Update: This trade alert was originally for all diamonds from Zimbabwe and is now limited to those coming from the Marange diamond fields.