The True Price of Diamonds

Diamonds are very precious mineral, De Beers Consolidated Mines Ltd is the biggest diamond mining company in the world and they mine their diamonds in South Africa. Beside the control two third of the worlds rough diamond trade. Antwerp, India and Tel Aviv main countries for processing diamonds.

Even The Jewish are diamond trader .In the city of Antwerp 80% of the world’s rough diamonds still passed and there are About 1,500 cutters and polishers left after traders a lot of the cutting and polishing to India. India is one of the most important countries for diamonds. 90% of the world’s rough diamonds are cut and polished there and workers are paid 40 cents for each gem they cut and polish. One of the gulf countries, Dubai, has a growing reputation as a diamond hub. The government attracts diamond traders by great deals such as 50 year zero tax holidays. As a result this diamond business grown to be worth nearly £1 billion there.

In the conclusion, diamonds go under many steps to be manufactured in different countries so it’s very expensive and hard to get by everyone.

Works Cited

"Eye on Lebanon." Global eye primary, secondry. Ed. Royal Geographical Society. 25 May 2009 .