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