Diamonds are mined all over the world. That is good because demand remains high. Initially, diamond mining was associated with South Africa. Today, diamonds are mined in Russia, Australia, Brazil, Canada and other countries. Interestingly, Russia leads the world in natural diamond production. Russian diamonds are not as desirable on the open market. Stones mined in Russia are small, and this lowers the value. On the other hand, Botswana produces fewer diamonds, but they are worth more. The African gems are larger and generally better quality.
The diamond industry in Canada started with a fever pitch. Diamonds were found in the 1990’s in the Northwest Territories. However, the yield is slowing in many mines. There is hope on the horizon in the form of a new mine, Gahcho Kue. The new mine is partially owned by De Beers. Shoppers buying Diamonds in Sturbridge MA could be buying a De Beers stone. The De Beers company is a leader in diamond exploration, diamond mining, and diamond trading. The company was the target of lawsuits because they had a virtual monopoly in the industry. In response, the company sold some of its holdings. However, De Beers still controls 35-percent of rough diamond sales around the globe.
Diamond rings are largely desired as engagement rings. An Austrian royal was the first to give a diamond engagement ring in the 15th century. Diamond engagement rings became a trend in Europe. During the Victorian era, rings were designed with diamonds and other gems. In addition, jewelers created magnificent settings for diamond rings and necklaces. Not surprisingly, the popularity of diamond engagement rings is attributed to De Beers. The company created the slogan, “a diamond is forever.” Experts say it is one of the best all-time ad campaigns.
Go shopping for Diamonds in Sturbridge MA. Visit Cormier Jewelers and gaze at some beautiful diamonds. The company even sells colored diamonds. Experts say colored diamonds are caused by chemical impurities. For instance, nitrogen causes diamonds to turn yellow. Other popular colored diamonds include blue, chocolate and black. Future brides are sticking to traditional cuts and settings. Emerald, pear and cushion cuts are popular. However, the round diamond remains a favorite.
