The most expensive stone in the world is diamonds. That pretty jewelry which we wear in our fingers or hands or nick, where it come from? I will explain the laces that come from and how come into being
Most diamond processing centers includes Antwerp; New York, Tel Aviv and India where these stones accumulated, cut and sold. The largest diamonds mining company in the world is De Beers Consolidated Mines Ltd. The mine of most diamonds in South Africa. They dominate about two thirds of the world’s rough diamonds trade. The company conserved the price of diamonds high by confining the value of diamonds available in the market.
Second major city for trading diamonds is Antwerp, Belgium. Jewish community is associated with diamonds trade. About 1500 cutters and polishers left in Antwerp after merchants outsourced of the cutting and polishing to India. About 80% of the world’s rough diamonds pass through the city of Antwerp.90% of the world’s rough diamonds are cut and polished in India. Rough diamonds come from Antwerp and Israel. Indian workers get paid of 40 Cents for each cut and polished gem. Dubai has growing reputation as a diamond’s center for decay. The government always encourages demand traders by providing them facilities like 50 years zero tax holidays. The jeweler’s income business is worth around 1 billion.
All in all, diamonds are the most expensive stone in the world and there is a few of people who know how to cut or polish. I think that we have to encourage this career by giving high salary for those people.
