Diamond industry warns over new DiCaprio film

6/27/2006
Alex Lang
Diamond industry said movie could hurt sales, livelihood of Africa

A new film starring Leonardo DiCaprio court hurt diamond sales and the livelihood of the Africa peoples, diamond industry leaders said on Wednesday.

"The Blood Diamond" stars DiCaprio and is about conflict diamond and how they are financed through bloody civil wars.

"The problem of conflict diamonds is practically over," Shmuel Schnitzer, outgoing president of the World Federation of Diamond Bourses (WFDB), told Reuters at the conference in Tel Aviv, among the world's top diamond cutting and trading centers.

"To show a film that will lead the public to think the situation is still the same is an injustice to our industry which has done so much," he said.

DiCaprio has not made a statement regarding the industry' perspective on his movie, which is set for release in 2007.

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