Sunday, March 9, 2008

Diamonds




Diamonds are the most precious stones in the world. Have you ever thought of how they get from the earth to onto yours finger? I will now describe important locations along the trade rout these most valuable of rocks pass.


The name of the biggest diamond mining company in the world is (DE Beers Consolidated).They do they mine most of their diamonds in South Africa. In addition the percentage of the world's rough diamonds trade do they control is 80%. In the early 20th century the company used to restrict the amount of diamonds on the market to keep the price of diamonds high. Antwerp is the city which has been a diamond center for years. There are 1500 polishers and cutters are left in this city. About 80% of the world rough diamonds pass though it. Indian people are associated with diamond trade .There is also 90% of the world's rough diamonds are cut and polished in India and the workers get paid about 40ents for each cut and polished gem. The rough diamonds come from special place such as Belgium and Tel Aviv. The city which has a growing reputation as a diamond hub is Dubai. 50 years zero tax holiday what the special governments incentive (deal) is attracting diamond traders to the city. Nearly 1billion bound is the business worth. Usually black pop stars buy a lot of diamonds.


In conclusions, diamonds is one of the important fortunes in the world. We must manage it with positive way avoidance of the problems which causes enemy countries and homeless families.

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