Sunday 2 March 2008

Diamonds


Diamonds are the most expensive stones in the world. They are made from carbon after it faces extreme pressure and high temperatures. Diamonds are pushed to the surface with a substance called Magma. After that it’s exposed on the surface with small but violent eruptions from a Kimberlite pipe.

The number one city that produces most of the world’s diamonds is Botswana which is located in South Africa. Dee Beers Consolidated Mines is the biggest diamond mining company and it mines most of its diamonds from South Africa and this company has about 60% of the world’s rough diamonds trade. In the early 20th century Dee Beers Company kept the price of diamonds high by restricting the amount of diamonds on the market. Another city that has about 80% of the worlds rough diamonds pass through it is Antwerp which has been a diamond center for 600 years, Indians and Lebanese are associated with the diamond trade in this city. But, 1500 polishers and cutters left in the city today. Dubai is one of the cities that have a growing reputation as a diamond hub.

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