08:15 AM EDT, 04/25/2024 (MT Newswires) -- Star Diamond ( SHGDF ) and Minespider, a traceability platform for tracking minerals and raw materials, said on Thursday that they launched the "Diamond Passport" to comply with new G7 rules.

The passport contains all key information about the diamond, including its provenance data, the diamond's unique DNA, such as size, shape, color, carat, clarity, cut, certificates from gemological laboratories and related documentation.

"It is our aim to provide wholesalers/retailers and end purchasers with a complete provenance report on all of our gem-quality Kiwetin branded diamonds," said Ewan Mason, president and chief executive. "This will ensure that end purchasers may rest assured that the diamond they purchase is conflict-free and ethically produced in Canada."

Recently, G7 countries imposed a ban on Russian diamonds and agreed to establish a verification and certification mechanism for rough diamonds to prove the origin and ensure they aren't mined, processed or produced in conflict zones.