Conflict Diamonds

Diamonds are known to be the most expensive stones in the world; they are also known to be women’s most desired object. But where to diamonds come from? Diamonds are made from carbon that faces extreme pressure and temperatures deep down below the earth’s surface. These carbons or diamonds that go through this process soon, over time, are transported to the surface through kimberlite pipes via magma.

Botswana, located in South Africa, holds the reputation of producing most of the world’s diamonds. One of the biggest diamond mining companies, De Beers Consolidated Mines Ltd, mines most of its diamond from South Africa. De Beers control 67% of the world’s rough diamonds trade, in the early 20th century; De Beers kept the price of diamonds high by restricting the amount of diamonds in the market.

Antwerp, one of the cities in Belgium, has been a diamond center for 600 years. The diamond trade in this city is associated with the Jewish community. 80% of the world’s rough diamonds passes through the Antwerp. About 1500 polishers and cutters are left in the city today. Almost all of the world’s rough diamonds today, about 90%, is cut and polished in India due to the fact it’s really cheap.

Dubai has dramatically developed over the last few years, and has a growing reputation as a diamond hub. The special deal of zero tax attracted many of the world’s diamond traders to the UAE. The business is worth 1 billion pounds.

Hip-Hop artists spend the most in jewelry, because they believe that it’s all about the “bling”. Besides that fact is another which women also love diamonds and want more of it all the time.