Category: Diamond

Main regions of extraction : Botswana, Russia, Canada, Namibia, Angola, South Africa, Zimbabwe, Australia, Congo (in 2015)

Method of extraction : industrial or traditional

• Pipe mining (primary deposits): open-pit mining, underground mining
• Alluvial mining (secondary deposits)
• Marine mining

Process of recovery :
1- Crushing
2 – Scrubbing
3 – Cyclonic separation plant
4 – Recovery
5 – Cleaned, weighted and packaged

Stakeholders : States, mining firms, luxury goods industry, customers, rebel armed groups, workers…

Key issues :

• Conflict/blood diamond : human right abuses, labor conditions, child labor, violence, civil wars…
• Kimberley Process : ignores some issues (human rights abuse, environment…)
• Environmental costs : land and water devastated
• Illegal mining
• Traceability

Exchange rate : Mineral : Nasdaq OTC Bull : 0.0228 USD (+3.64%)

Other key words :
4 C’s : cut, clarity, color, carat weight
Synthetic diamonds
Ethical diamonds

 … Read More

The Diamond as Big as des Bergues.
Erik Post

Two desks and four security guards flank the lectern in the middle of the podium.… Read More