Diamonds are one of the world's major natural resources. 65% of the world's diamonds are produced in Africa ($8.5 billion worth); a total of $13 billion worth of rough diamonds produced each year worldwide. The diamond industry employs over 10 million people each year, and the sale of diamonds as jewellery has tripled in the last 25 years, with sales in an excess of $72 million.
Diamonds are mainly used for jewellery (30%), and industrial use (cutting, drilling, grinding etc.) They are so desirable to consumers because of their beautiful and unique appearance, and its association with emotions like love and happiness.
Diamonds go through a long process before they appear as we see them in our daily culture. Diamonds first began to form in the earth 3.3 billion years ago due to extreme heat and pressure. They are found in many places around the world (i.e. Canada, Angola) but are mainly found in Africa. They are then mined, sorted, cut and polished, manufactured then retailed.
In this blog, I will also be addressing the conflict and unrest in the past and present of the diamond industry.
Diamonds go through a long process before they appear as we see them in our daily culture. Diamonds first began to form in the earth 3.3 billion years ago due to extreme heat and pressure. They are found in many places around the world (i.e. Canada, Angola) but are mainly found in Africa. They are then mined, sorted, cut and polished, manufactured then retailed.
In this blog, I will also be addressing the conflict and unrest in the past and present of the diamond industry.
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