Diamond

Diamonds are the most expensive and beautiful jewels in the world. Throughout the mankind’s history these desirable, exceptional, and alluring gemstones have been attracting much attention. Uncut stones decorated the armor of knights and faceted ones embellished the crowns of royal persons. The owners of diamonds were adored and envied as crystals were sparkling on noble ladies and fascinated all the people around them. Nowadays, diamonds are viewed not only as symbols of love and betrothal, but

Discovery of Diamonds Most all of the world has had a love affair with diamonds. They are sparkling, mesmerizingly beautiful and considered rare gems. Yet, if you knew the history and the blood that is shed over the 133 million carats of diamonds mined each year, you would probably never buy a diamond again. Diamonds have been considered valuable since they were found. To understand the diamond industry we must first look at when they were discovered and where they are mined. Although, the first

Diamonds shine and sparkle. Diamonds are very old and are made of a very basic mineral. They are a symbol of portable wealth and thought of when searching for engagement or wedding rings. Money may or may not be an issue, real is better than fakes because value, different colors, and they last for generations. Some people will disagree and think that any gem will do when looking for jewelry. Most people will buy the cheapest stones they can buy. This paper will inform and enlighten any reader

Marks each ) | | Case 1 | Conflict Diamonds | | | During the late 1990s South African diamond product De Beers and other companies on the diamond industry discovered that some of the diamonds they were buying or selling came from groups who used the proceeds to finance brutal civil wars. In Sierra Leone, rebels took control of diamond mines by systematically chopping off the arms and hands of as many as 20,000 children, women and men until the diamond operations were turned over to them. Similarly

Introduction Blood Diamond or Conflict Diamond another term used to describe the illegal trade of diamond in Africa. The Blood Diamond is been used to finance conflicts, wars and humans rights violations. The Conflict exists for many years, profits have been made from the illegal trade of diamonds, Rebels and warlords use the diamonds to buy arms. There are many countries involved in the illicit trading the blood diamond, Sierra Leone, Republic of Congo, Liberia, and Angola. This assignment is about

“A Diamond is forever.” Or is it really? For about 80 years, the De Beers diamond company has pulled off one of the best marketing schemes a company could wish for. Indeed, how much would you estimate your diamond engagement ring wrapped around your finger? A fair amount would be the right thing to say. However, the compressed carbon stone is worth less than anyone would imagine, which is why De Beers has been so successful, which, thanks to a good use of marketing as well as strategy, has led the

With the rarity of oval cuts, it can be tough to find a diamond that makes a great engagement ring. Luckily, if you love oval cut gemstones, you'll be able to find plenty of other rings with that shape. Oval gemstones and diamond rings are more affordable than some other cuts like the brilliant round, yet, they have a brighter shine and look larger than the round cut. It's a surprise how many people will go with a traditional round when they could get a larger stone with an oval. Along with more

“Diamonds are forever.” Or are they really? For about 80 years, the De Beers diamond company has pulled off the biggest marketing scheme ever known to mankind. Indeed, how much would you estimate your diamond engagement ring wrapped around your finger? A fair amount would be the right thing to say. However, the compressed carbon stone is worth a lot less than anyone would imagine, which is why De Beers has been such a successful company, who, thanks to a good use of marketing as well as strategy

Diamond mines known as “ Blood Diamonds” are killing millions of people, just in the last year 200 people have died in these diamond mines. Russia, Africa, Canada, and Australia are damaging their country trying to recover from war. Blood diamonds are deadly and shutting down the diamond mines will solve the issue. Blood diamond industry provides jobs, money for education, housing and medicine. “Blood diamonds are meant to help us recover from the war” (web 2003). These diamond mines are suppose

Facts: The diamonds are basically luxurious goods which can be used for both jewelry and investment. The diamond industry can be classified into two categories; one dealing with gem grade diamonds and other dealing with industry grade diamonds. De Beers is the major player in the industry and mostly whole of the industry sales is controlled even if the sales are of certified diamonds or of the non-certified diamonds. Literature: The US is still the sale growth engine of the global diamond jewelry