There is always something bad mixed with the good in life. The term conflict diamonds, or blood diamonds as others call it, became well-known to the average person when the James Bond movie “Die Another Day” was released. This contribution to the legendary James Bond saga revolved around the idea of smuggling blood diamonds.
So what is a conflict diamond? A conflict diamond is defined as a “diamond that originates from areas controlled by forces or factions opposed to legitimate and internationally recognized governments, and is used to fund military action in opposition to those governments”.

In short, a conflict diamond is any diamond that is mined from an area in which there is war, or armed conflict. The idea is that diamonds are very much in demand and that they fetch such a high price in almost any market. If you mine diamonds and sell them to other countries - of which there is, definitely no shortage - you can get a large amount of money for them.