While diamonds are the most strictly checked raw materials in the world, there is a certain amount of illegally traded gems that make it into the market.
The agreement with three parties lays out a series of proposed financing transactions for the mine, the world’s biggest undeveloped source of diamonds.
The recommendation comes from Proxy advisory service Institutional Shareholder Services, the same firm that last year called shareholders to vote against the Barrick's approach to compensation.
A PwC survey shows that only 4% of the 700 companies polled across 15 industries said they have completed a draft of their SEC conflict minerals filings.
