DRC Ministry of Mines Licenses

Latest updates from the DRC’s Ministry of Mines are as follows:

The Ministry of Mines has issued roughly 200 purchases & sales licenses, out of these 200 licenses issued in the DRC, only 15 to 20% of licensees have their licenses up to date.

The rest leases or sub lease other people’s license. There are only 30 to 40 companies in the DRC with up to date valid licenses, out of which 50% of these have export licenses, reducing the amount of licensees who can legally export diamonds from the DRC to 15 to 20 companies in the whole Country.

In our experience, the DRC is a very difficult place to do business and purchase diamonds, further more, we find DRC seller’s prices to be completely out of line with the rest of the African market, and fraud to be as high as it can get.

For these reasons, we have made the conscious decision to stay away from DRC Diamonds all together, doing business there is too challenging for our taste. If you decide to do business in the DRC, make sure you have proper security with you, and be ready to pay a premium price.

Kimberley Process Scheme List of Participants

Kimberley Process Scheme List of Participants and Offices Responsible to Issue the KPC’s in Each Countries.

This list revises the previously published list of October 31, 2011, to add Cambodia, Cameroon, Kazakhstan, and Panama to the list of Participants in the Kimberley Process Certification Scheme.

Angola—Ministry of Geology and Mines.

Armenia—Ministry of Trade and Economic Development.

Australia—Exporting Authority—Department of Industry, Tourism and Resources;

Importing Authority—Australian Customs Service.

Bangladesh—Ministry of Commerce.

Belarus—Department of Finance.

Botswana—Ministry of Minerals, Energy and Water Resources.

Brazil—Ministry of Mines and Energy.

Canada—Natural Resources Canada.

Cambodia—Ministry of Commerce.

Cameroon—National Permanent Secretariat for the Kimberley Process in Cameroon

Central African Republic—Ministry of Energy and Mining.

China—General Administration of Quality Supervision, Inspection and Quarantine.

Democratic Republic of the Congo—Ministry of Mines.

Republic of Congo—Ministry of Mines.

Croatia—Ministry of Economy.

European Union—DG/External Relations

Ghana—Precious Minerals and Marketing Company Ltd.

Guinea—Ministry of Mines and Geology.

Guyana—Geology and Mines Commission.

India—The Gem and Jewelry Export Promotion Council.

Indonesia—Directorate General of Foreign Trade of the Ministry of Trade.

Israel—The Diamond Controller.

Japan—Ministry of Economy, Trade and Industry.

Kazakhstan—Ministry of Finance.

Republic of Korea—Ministry of Commerce, Industry and Energy.

Laos—Ministry of Finance.

Lebanon—Ministry of Economy and Trade.

Lesotho—Commissioner of Mines and Geology.

Liberia—Ministry of Lands, Mines and Energy.

Malaysia—Ministry of International Trade and Industry.

Mauritius—Ministry of Commerce.

Namibia—Ministry of Mines and Energy.

Mexico—Economic Secretariat.

New Zealand—Ministry of Foreign Affairs and Trade.

Norway—The Norwegian Goldsmiths’ Association.

Panama—National Customs Authority.

Russia—Gokhran, Ministry of Finance.

Sierra Leone—Government Gold and Diamond Office.

Singapore—Singapore Customs

South Africa—South African Diamond Board.

Sri Lanka—National Gem and Jewelry Authority.

Swaziland—Office of the Commissioner of Mines.

Switzerland—State Secretariat for Economic Affairs.

Chinese Taipei—Bureau of Foreign Trade.

Tanzania—Commissioner for Minerals.

Thailand—Ministry of Commerce.

Togo—Ministry of Mines and Geology.

Turkey—Istanbul Gold Exchange.

Ukraine—State Gemological Centre of Ukraine

United Arab Emirates—Dubai Metals and Commodities Center.

United States of America—Importing Authority—United States Bureau of Customs and Border Protection;

Exporting Authority—Bureau of the Census.

Vietnam—Ministry of Trade.

Zimbabwe—Ministry of Mines and Mining Development.