PMMC is responsible for the marketing of the rough diamonds produced in Ghana. The marketing system in operation is open to all prospective foreign companies desirous of purchasing Ghana’s diamonds. Interested foreign companies are required to send applications, indicating their intentions to purchase diamonds in Ghana, for consideration.
Ghana currently produces about 500,000 carats of rough diamonds annually. This is made up of mixed parcels. The Company acquires its rough diamonds mainly from the private diamond winners which include individual small-scale diamond mining companies. For the purchase and export of rough diamonds, the Company operates an open market system for marketing the rough diamonds. This is done in strict compliance with Kimberley Process Certificate Scheme (KPCS) requirements.
The Kimberley Process
Ghana is a member of the Kimberley Process. The Kimberley Process started when Southern African diamond-producing states met in Kimberley, South Africa in May 2000 to discuss ways by which the trade in conflict diamonds can be stopped and to ensure that diamond purchases were not financing violence by rebel movements and their allies seeking to undermine legitimate governments.
In Dec 2000, the UN General Assembly adopted a landmark resolution supporting the creation of an international certification scheme for rough diamonds. By November 2002, negotiations between governments, the international diamond industry, and civil society organizations resulted in creating the Kimberley Process Certification Scheme – KPCS.
The Kimberley Process Certification Scheme – KPCS was implemented in Ghana in 2003 under the Kimberley Process Certificate Act, 2003 which was enacted by the Parliament of the Republic of Ghana on 24th October 2003.
Currently, the Kimberley Process – KP secretariat in Ghana is situated at the Ministry of Lands and Natural Resources and is chaired by Mr. Ben Aryee (Focal Person).
Precious Minerals Marketing Company – PMMC has been assigned by the Ministry of Lands and Natural Resources to issue the Kimberley Process certificate and regulate all diamond trade in Ghana. The KP office in Precious Minerals Marketing Company collects all the diamond statistics and forwards them to the KP authorities.
The Kimberley Process Office in PMMC is under the technical department. It is headed by Mr. Ofori Amanfo and scheduled to a trained diamond valuer, Ms. Hajaratu Kazeem, who is well vested in the rules and regulations of the KP. She ensures that the export of diamonds takes place within the framework of the Kimberley process before the KP certificate is issued.
Before the parcels of diamonds are exported, they are inspected to make sure that illegal diamonds do not make their way into the diamond markets of the world. The KP office ensures that all diamonds exported from Ghana are conflict-free and meet KP requirements and guidelines
For further enquiries on issues related to KP certificates, statistics, and export of rough diamonds, contact Ms. Hajaratu Kazeem through any of the following addresses: