Charms and charm bracelets
 

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The Diamond Industry

Almost 80% of the worlds diamond of the 16,000 different standards of
production and rough supply is managed by quality, based on their form, quality,
"De Beers". This is not a single company colour, and size. There are sorting
but rather several different entities houses in London, Lucerne, Gaborone,
hiding behind the one name. These Windhoek, and Kimberley. In the valuation
companies are involved in every step of a of diamonds colour, cut, clarity, and
diamonds life, from extraction to carat are the four c's used to decide
polishing and on to the point of sale. it's value.
All sorted and valued diamonds go to Only about 20% of all diamonds are
London to the Diamond Trading Company. classified as "gemstone quality" and used
They are then put into lots to be sold at in making jewellery, the rest are sold to
a fixed price. You cannot make partial industry as "industrial diamonds" for
purchases, a full lot must be bought. drilling, cutting, and milling purposes.
There are currently only 120 individuals Due to its extreme hardness, diamonds can
accredited by the Diamond Trading Company cut through almost any surface and are
who are allowed to purchase diamonds. vital to most industries.
These diamond buyers can purchase the They make excellent abrasives as they can
lots at ten selling events a year, in only be scratched by other diamonds. The
London Lucerne and Johannesburg. The hardest diamonds in the world are from
resale of the diamonds is carried out by New England in Australia, and are used
direct buyers normally on diamond mainly to cut other diamonds. There are
exchanges, which are basically large other uses for diamonds, including both
diamond markets. semi-conductors and insulators, depending
All the diamonds that De Beers brings on on the properties of the diamond.
the market are first classified into one




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