Diamond Industry
Industry Analysis
Diamond Industry
(Gem Based diamonds)
The Diamond industry is essentially broken up into 3 segments:
1. Industrial Diamonds—natural and synthetic diamonds that are used in a wide range of manufacturing processes for their physical properties.
2. Jewelry Diamonds—rough diamonds cut for use as gemstones in jewelry.
3. Investment Diamonds—high-quality large gemstones, often with special
characteristics, purchased for investment.
The Jewelry and Investment segments together represent 83 percent of the value of
rough diamonds produced. The industry is controlled as a monopoly by the De Beers diamond company which operates from South Africa and London. The wholesale trade and cutting of diamonds is limited to only a few places in the world namely New York, Surat, Tel Aviv, London, and Amsterdam and the most important being Antwerp. With extensive research and sourcing, diamonds have been found in many parts of the world with Botswana......
View the rest of this paper...
Approximate Word Count: 2069
Approximate Pages: 9 (250 words per double-spaced page)
Why should you join Frat Files?
- - It's safe, secure, and private.
- - Instant access to over 100,000 papers. New papers are added hourly.
- - Fast and reliable customer support.
Similar Essays
-
Diamond Industry
Diamond Industry. Diamond Industry "1946 World War II was over and America was
rebounding, regrouping, and finding itself feeling strong and focused". ... -
Diamond Industry
diamond industry. The value of diamonds lies on their physical properties
that make them suitable for many applications. Natural ... -
Diamond Industry
Diamond Industry. Industry Analysis ... diamonds. Industry structure The diamond industry
is mostly controlled by the De beers diamond company. It ... -
Diamond Industry
Diamond Industry. The diamond ... Antwerp has now become the world capital concerning
diamond trade and the general diamond industry. In 1945 ... -
Has The De Beer Diamond Lost I
... 1999). De Beers is currently looking like losing the monopoly it has had
on the diamond industry for almost seventy years. A monopoly ...
