Diamonds

Diamonds are very expensive. Some countries depend on diamonds trade. You will know a lot about diamonds in this essay I will try to make it as simple as possible.

Diamonds formed along time ago in below the earth surface where the high pressure and temperature of about 1000C. Diamonds transport to the surface with magma. The first place diamonds where discovered in South Africa. Africa is responsible for producing most of the world’s diamonds. De Beers Consolidated is the biggest diamonds company in the world and they do they mine most of their diamonds in South Africa. This company control about 80% of the world rough diamonds trade. In the 20th century the company control over 80% of the world supply, in this way they kept the price of diamonds high. Antuerp is the name of a city witch has been a diamonds centre for 600 years. In this city Indians are associated with the diamonds trade, 1500 polishers and cutters are left in this city today. 80% of the world’s diamonds pass through the city. In India 90% of the worlds rough diamonds are cut and polished. All these cities and countries depend on the rough diamonds witch come from South Africa and Canada. The Indian workers get paid 40 cent per gem for each cut and polished gem. Dubai has been growing reputation as a diamonds hub. Diamonds business worth in Dubai more than 1 billion Dh. A lot of stars love diamonds, for example 50 cent the pop star.

In conclusion, I hope you have a good knowledge about diamonds. I think diamonds trade will grow more and more in the whole world.