Tag: Diamond

Posted in Auctions Diamond Mining Security

Post-Auction Impressions of Hierarchies and Secrecy

Some of my peers from the Global Extraction Network course and I went to the Christie’s Geneva evening auction in November and witnessed a spectacle of hierarchies and secrecy that made the evening truly interesting, despite a lack of purchasing power and a looming fear of lifting a hand or finger at the wrong time. Read More

Posted in Auctions Certification and Transparency Corporations Diamond Trading

Christie’s Magnificent Jewelry Auction 2019

World’s one of the oldest and now one of the largest and most famous auction house, Christie’s, carrying a reputation for luxury around the world, held its annual Magnificent Jewel Auction 2019 at the Four Seasons Hotel des Bergues, Geneva on 12th November 2019.

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Posted in Diamond

The Development of The Diamond Industry Through an Analysis of De Beers

Diamonds together with graphite are the solid form of carbon. The difference is in the molecular structure, which makes it the hardest known material and the one with the greatest thermal conductivity.… Read More

Posted in Business and Human Rights Certification and Transparency Civil Society Corporations Diamond Mining Multi-stakeholder Dialogue Resource Management Stakeholder State

The Rarest Diamond

It is estimated that there are only 30 red diamonds in the world, with each being less than half a carat. Its red color is due to an atomic deformity caused by extreme pressure.… Read More

Posted in Diamond Mining Resource Management

Resource Card : 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

Posted in Business and Human Rights Certification and Transparency Civil Society Corporations Diamond Mining Resource Management Stakeholder State Trading

The Diamond as Big as Des Bergues

The Diamond as Big as des Bergues.
Erik Post

The Diamond in the Crown. Photograph by author.

 

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