Diamond Industry. De Beers. In the beginning of 1870s‚ the Afrikaner brothers‚ J. N. de Beer and D. A. de Beer discovered diamonds on their farm and unable to deal with the effort of protecting the farm from the diamond seekers‚ they sold the land to the diamond traders. Today‚ the name De Beers represents the world’s largest diamond company‚ which has a presence in 25 countries. The powerful and productive epoch of diamonds began with the establishment of this company. Who knows what role a
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BLOOD DIAMONDS Student: XXXX YYYY Subject: International Economics‚ Spring 2007 Table of context: 1. Introduction ..2 2. Brief description of diamonds 2 3. Trade ..4 a. Nature of Diamonds .4 b. Industry’s Lack of Transparency 5 4. Political-economical view on this issue ..7 5. Tariffs.( USA) .8 6. Conclusion and
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Background/history What is a conflict diamond? Diamonds from peace countries which are most likely third world countries‚ are controlled by the government. Its industry monitors the imports to avoid conflict diamonds to be imported to their country (Natural Resources Canada: The Canadian Diamond Industry). Diamonds that are imported from conflict countries are called blood diamond or conflict diamonds because they are retrieved from war zone and traded in the black market to fund rebel fighters
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It wasn’t unusual for Matt Diamond to get clients this late. It was evening‚ but not a star in the sky was visible through the thick fog that had enveloped the big apple. The client opened the office door without knocking‚ forcing Diamond to put out his cigarette quite hurriedly. She had long dark hair‚ matching her dress. She wore a fur that looked like a raincloud‚ grey and foreboding. Her name was Veronica Angel. She had come in place of her father‚ Lewis. His racehorse‚ Sea Biscuit‚ had gone
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you thought diamonds were a confusing topic‚ since you have color and clarity to consider‚ you haven’t ventured into the world of diamond simulants‚ yet. There are mined diamonds‚ lab-created diamonds and simulants. The categories can be incredibly confusing‚ so here we’ll focus on simulants and the difference between Asha and Diamond Nexus simulants in particular. What is a Simulant? First‚ you might be wondering what is a simulant. A simulant is a material that looks like diamond but does not
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Diamond Mines in South Africa TEAM D Eugene Patton‚ James Pruitt‚ John Morawa‚ Kenneth Miller‚ Nicholas Nauroth‚ and Shemika McWilliams DeVry University Online April 13‚ 2011 Diamond Mines in South Africa South Africa’s Culture‚ Government‚ Economy‚ and religion of South Africa (Shemika McWilliams) Diamond mining in South Africa is the main force behind the country’s economy but this has not always been the case. South Africa’s large diamond mining industry started with the discovery of
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Today‚ diamonds are the most valuable stones in the world not only because of their beauty‚ but also because of their utility. Diamonds are not only specifically cut for use in jewelry‚ but they are also used for special cutting tools like saw blades and drills because the stones are extremely hard and durable. Like everything else in the world‚ diamonds come with a cost and often times the environment and the people in communities surrounding diamond mines foot the bill. Diamond Mining Means Destruction
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What is meant by Blood Diamonds (or conflict diamond)? How‚ as portrayed in the video‚ does it impact on political‚ economic and ethical stability? It is sad to witness the abuse and unfair treatments of the poor people in countries such as Africa have to undergo in order to make some money. Also it is sad to know that after all that hard work these people put into what they do‚ these diamonds are smuggled and used to fund illegitimate activities. The Blood Diamond conflict has had serious
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Reese Weingaertner Miss Knight English 1 (PreAP) - Fifth Hour 11 December 2013 The History and Curse of the Hope Diamond Behind the beautiful steely blue Hope Diamond lies a cruel and often bloody history‚ a history that is full of mystery and intriguing stories. This ornate diamond has changed hands many times throughout its long past. The most interesting part of this is the fact that it is said that many of its owners have met with a gruesome fate. It is because of this occurrence that there
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focuses on the illegal trade of conflict diamonds. The diamonds are called conflict diamonds because slave labor is used to mine them‚ weapons trade is used to acquire them‚ and armed conflicts and massacres are related to enlisting recruitments of child soldiers and fighting between local governments and rebels. A fisherman named Solomon Vandy has his village massacred and gets separated from his family as he is forced to work as a slave mining for diamonds for a rebel organization known as the Revolutionary
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