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Blood diamonds are diamonds mined in a war zone and sold to finance an insurgency, invasion, terrorism, or warlordism. The term is used to highlight the negative consequences of diamond trade in certain areas, or to label an individual diamond as having come from such an area. Diamonds mined during the 20th- and 21st-century civil wars in Angola, Ivory Coast, Sierra Leone, Liberia, Guinea, and Guinea-Bissau have been labeled as such. The terms conflict resource or conflict minerals refer to analogous situations involving other natural resources. Blood diamonds can also be smuggled by organized crime syndicates so that they can be sold on the black market. According to the Kimberley Process, global trade in rough diamonds in 2023 totalled approximately 112 million carats.
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