Understanding the diamond trade in rough diamonds, History, Mines, production figures
Rough diamonds are a lucrative industry with a rich history. Rough diamonds are mined from various locations worldwide, including Africa, Australia, and Russia. Notable mines such as the Kimberley Mine in South Africa and the Argyle Diamond Mine in Australia have yielded significant production figures over the years. The trade involves processes like sorting, cutting, and polishing to transform rough diamonds into stunning gems. Key players in the industry include diamond mining companies, manufacturers, wholesalers, and retailers. The diamond trade continues to thrive due to strong demand for luxury goods and the enduring appeal of diamonds as symbols of love and prestige