Mr Izhakoff said "conflict diamonds" accounted for just 0.2% of the world's rough diamonds.
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The solution is that all rough diamonds should be certified, with the certification made open to outside scrutiny.
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Mr Fox can just polish the jewels, or he can cut the rough diamonds so that they, too, sparkle.
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The first supplies rough diamonds to the global market from its 40 percent ownership interest in the Diavik Diamond Mine.
Supply of rough diamonds, meanwhile, will grow by an average annual rate of 2.5%, suggesting that pricing will remain solid.
Harry Winston supplies rough diamonds to the global market from its 40 percent ownership interest in the Diavik Diamond Mine.
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The company cited increased demand for rough diamonds in India, China and the United States for the sales increase.
But experts can tell the origin of a packet of rough diamonds, even if individual stones or mixed parcels are harder to identify.
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It once accounted for nearly all world-wide sales of rough diamonds, from its own output and by purchasing and hoarding that of competitors.
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The industry says that the introduction in 2000 of a system of certification for rough diamonds - the Kimberley Process - has improved the situation.
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Acceding to De Beers's requests for secrecy, it refuses to disclose figures on the import and export of rough diamonds, their origin or their value.
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The shop also trades in rough diamonds, and the moment Gilmar Campos, one of the owners, takes a look at the stone, he starts to cry.
The rules drawn up by the country's Gem and Jewellery Export Promotion Council require all exporters of rough diamonds to India to declare the stones' countries of origin.
Mexico has some shining jewels, but also many rough diamonds.
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The Ekati Diamond Mine has produced an average of approximately three quarters of a billion dollars of rough diamonds per year over the past five years, Harry Winston said in a statement.
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Through Safdico, Graff now buys half of his uncut diamonds from the South African mining behemoth De Beers (Safdico is one of 93 sightholders, or wholesalers who are permitted to buy rough diamonds from De Beers).
Harry Winston, known for its luxury retail salons throughout the world, also supplies rough diamonds to the global market through its 40 percent ownership interest in the Diavik Diamond Mine, also located in the Northwest Territories.
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"The Republic of Congo affirms that she is able to take up her responsibilities under the Kimberly Process and is ready to contribute with neighbouring countries to curb the problematic circulation of rough diamonds, " Mr Mvouo said.
Strong consumer interest fueled a rebound in the prices of DTC rough diamonds by an average of 27% over the year to levels above those prior to the onset of the economic crisis, according to the statement.
More than 60% of the world's rough diamonds come from Africa, he says, but a lack of expertise and relatively high labour costs means that the stones are usually shipped overseas, to countries such as India, for assessment and cutting.
Maintaining the important Indian pedigree of the collection, the rough diamonds were cut and polished by master craftsmen in Indian cutting and polishing factories, while the design was brought to life by Indian jewelry manufacturer Uni-Design Jewellery Private Ltd. of Mumbai.
The collection incorporates a total of 25 .34 carats of polished Bunder diamonds and 2.8 carats of rough Bunder diamonds, including a 5.04 carat round brilliant cut white diamond and a 5.02 carat round brilliant cut cognac diamond.
She said that the diamonds were "rough stones" being transported from Antwerp to Zurich.
Detroit Piston scout Will Robinson, who found future All-Stars Joe Dumars and Dennis Rodman when they were diamonds in the rough.
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In an article that hit TheStreet Monday, I made a case against low-priced stocks, noting that potential diamonds in the rough exist.
The diamonds were "rough stones" being transported from Antwerp to Zurich.
Neither school is known for being football factories, and as such, significant credit must be paid to the Ravens and 49ers staffs for finding these diamonds in the rough.
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