The Facts

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Diamonds were first mined in India over 4,000 years ago, and the modern mining industry began with discoveries in South Africa in the late 19th century. Today, the top seven diamond producing countries, accounting for 80 percent of the world's rough diamond supply, are Botswana, Russia, South Africa, Angola, Namibia, Australia and Zaire. Diamonds are also mined in Brazil, Guyana, Venezuela, Guinea, Sierra Leone, Ivory Coast, Ghana, Central African Republic, Tanzania, China, Indonesia and India. Diamonds are cut in many countries, but the major cutting centers are in New York, Antwerp, Tel Aviv and Bombay. The problem with buying a diamond has always been getting a fair price. Jewellery shops do not want the public to know that diamonds are a tradeable commodity like gold, silver and even sugar. Mine
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