February 11, 2009 5:39 PM
- Text
Russell Simmons Peddles Peaceful Diamonds
(AP)
It's no ordinary holiday shopping season, with celebrity advocates of various causes - including Bono and Oprah - pitching shoppers to make a difference with their gift choices.
The latest to step forward are hip-hop impresario and fashion mogul Russell Simmons and his wife, Kimora Lee Simmons, who are selling diamonds to help raise money for the development and empowerment of Africans.
At a news conference in New York Tuesday, the 49-year-old entrepreneur announced his "Green Initiative" jewelry, which is manufactured and designed by Simmons Jewelry Co.
Simmons said twenty-five percent of proceeds from sales will go toward the Diamond Empowerment Fund, which will support institutions, like schools and colleges, in South Africa and Botswana and help boost economic development.
Simmons' recent visit to South Africa and Botswana to tour diamond mines and factories coincides with efforts by human rights groups to raise awareness about so-called conflict diamonds, which have fueled and funded wars in Africa. Fighting forces sell the gems to raise funds for weapons. Millions have been killed in Angola, Sierra Leone, Liberia and the Democratic Republic of the Congo.
Simmons Jewelry Co. President Scott Rauch said the company's diamonds are conflict-free.
"Our purpose was to see how we could have an affect on the diamond industry," he told a packed news conference Tuesday.
"Africans need this industry," Simmons said, touting the economic benefits to the region, like the funding of many HIV/AIDS clinics.
Hollywood has also taken up the issue with "Blood Diamond," a new film starring Leonardo DiCaprio and Jennifer Connelly, which shows how conflict diamonds financed civil war in Sierra Leone in the 1990s. The film will be released nationwide on Friday.
Some officials say loopholes remain in the Kimberly Process Certification Scheme, which is the diamond industry's response to growing world concern about blood diamonds. It was established in 2002 and aims to stem the flow of conflict diamonds by forcing participants to certify the origins of the diamonds being traded.
"The U.S. government can play a pivotal role to be sure that the Kimberly Process works," said Amy O'Meara, a spokeswoman for Amnesty International.
O'Meara also said consumers can help by asking retailers questions and showing interest in where their diamonds come from.
"The Kimberly Process is very new, but it does work, and we're trying to make it better," Simmons said.
Simmons isn't new to the role of activist, having created the Hip-Hop Summit Action Network in 2001 to engage young people in community development issues. He's also widely known for his role in co-founding Def Jam Records, which gave birth to the hip-hop careers of well-known artists Run-DMC, LL Cool J and the Beastie Boys.
The latest to step forward are hip-hop impresario and fashion mogul Russell Simmons and his wife, Kimora Lee Simmons, who are selling diamonds to help raise money for the development and empowerment of Africans.
At a news conference in New York Tuesday, the 49-year-old entrepreneur announced his "Green Initiative" jewelry, which is manufactured and designed by Simmons Jewelry Co.
Simmons said twenty-five percent of proceeds from sales will go toward the Diamond Empowerment Fund, which will support institutions, like schools and colleges, in South Africa and Botswana and help boost economic development.
Simmons' recent visit to South Africa and Botswana to tour diamond mines and factories coincides with efforts by human rights groups to raise awareness about so-called conflict diamonds, which have fueled and funded wars in Africa. Fighting forces sell the gems to raise funds for weapons. Millions have been killed in Angola, Sierra Leone, Liberia and the Democratic Republic of the Congo.
Simmons Jewelry Co. President Scott Rauch said the company's diamonds are conflict-free.
"Our purpose was to see how we could have an affect on the diamond industry," he told a packed news conference Tuesday.
"Africans need this industry," Simmons said, touting the economic benefits to the region, like the funding of many HIV/AIDS clinics.
Hollywood has also taken up the issue with "Blood Diamond," a new film starring Leonardo DiCaprio and Jennifer Connelly, which shows how conflict diamonds financed civil war in Sierra Leone in the 1990s. The film will be released nationwide on Friday.
Some officials say loopholes remain in the Kimberly Process Certification Scheme, which is the diamond industry's response to growing world concern about blood diamonds. It was established in 2002 and aims to stem the flow of conflict diamonds by forcing participants to certify the origins of the diamonds being traded.
"The U.S. government can play a pivotal role to be sure that the Kimberly Process works," said Amy O'Meara, a spokeswoman for Amnesty International.
O'Meara also said consumers can help by asking retailers questions and showing interest in where their diamonds come from.
"The Kimberly Process is very new, but it does work, and we're trying to make it better," Simmons said.
Simmons isn't new to the role of activist, having created the Hip-Hop Summit Action Network in 2001 to engage young people in community development issues. He's also widely known for his role in co-founding Def Jam Records, which gave birth to the hip-hop careers of well-known artists Run-DMC, LL Cool J and the Beastie Boys.
Popular Now in Entertainment
- "Idol": Carrey's daughter out, and then disaster
- Zsa Zsa at 95: Husband releases birthday photos
- Leslie Carter dead at 25
- Beyonce, Jay-Z post photos of Blue Ivy Carter
- Gender-bending model a runway sensation
- Madonna stalker escapes from mental hospital
- Schwarzenegger, Stallone have hospital run-in
- Will Ferrell delivers hilarious NBA player intros
- Macaulay Culkin through the years
- Paul McCartney is a star in Hollywood
- "Jersey Shore" spinoff to shoot in Jersey City
- Nick Carter: Why did he miss Leslie's funeral?
- Target to release "Breaking Dawn" DVD at midnight
- Gary Busey files for bankruptcy
- Beyonce shows off her post-baby body
- George Clooney on his longest practical joke
- Macaulay Culkin is in good health, says rep
Latest CBS News Headlines
on Facebook
on CBS News
- Amnesty: imported arms fueling Darfur conflict
- Judge tosses case seeking rights for orcas
- Washington state lawmakers pass gay marriage bill
- Chicago axes decal over supposed gang signs
on Facebook
- Adele sings a cappella for Anderson Cooper
- Josh Powell had "incestuous" images on his home computer, authorities say
on CBS News






