Wednesday, June 3, 2009

Additional blog



Diamonds are the most worth stones in the world. And they extract of diamonds and precious stones from the digging the earth that is why it’s expensive and scarcity. Now I will describe from where they take it and its location and more.

The first point to consider is the history. To clarify, Diamonds were first discovered in a town called Golconda in India and its 4000 years ago. Another fact to take into notice is that company’s location. To illustrate, most of the companies of diamonds are far away from the country they dig them from as the only country and it controls 2 out of 3 worlds almost diamonds trading, the company is from South Africa and it’s called De Beers. Yet another obvious notice worthy of mentioning is that the cost. For example, the cheapest diamonds from India, because 90% of the worlds rough diamonds are cut and polished there and they pay their labors only 40 Cents only for 1 gm. However on the other hand the Jewish society have companies like Antwerp associated, De Beers and one in Dubai sell them in imagination prices.
In conclusion, trading diamonds became much popular than before, people buy diamonds nowadays because they want to show their personality through them in a hip hop stars and celebrities. And the people from Africa suffer from this type of trade.

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