How Diamonds Are Mined

Mined Diamonds

 

How Diamonds Are Mined

How Diamonds Are MinedHow are diamonds - small rocks - able to command such high prices? Are diamonds that rare, or does it have to do with how diamonds are mined?

It does have to do with how diamonds are mined because in reality, they actually aren't as rare as many think.

For example, one stretch of land in Africa alone is estimated to hold far more diamonds than all of the diamonds on rings today. The trouble is, we can't get to them.

Why not?
It's because that land is mined, but it isn't the diamonds that are mined. The land itself is booby trapped with land mines, enclosed by razor wires and guarded by armed guards.

Why?

That and many other stretches of land with diamond deposits are owned by large companies that control the world's diamond supply and want to maintain their high prices and profits by restricting supply.

When you buy diamonds as a consumer, it is pointless to pay for color ratings below "J" and clarity ratings below "SI2" since lower ratings are much more expensive but the differences are totally imperceptible to the human eye and can only be seen under the 10x magnification of a jeweler's gemscope.
Unless you and your friends carry gem scopes around, it's a waste of money to pay more, let alone much more, for imperceptible differences. When jewelers hint that you should buy the "perfect diamond" that reflects the purity of your love, they are really reflecting the purity of their greed.

So, if they recommend a VVSI1 D diamond for $20,000, buy a same sized SI2 J diamond for $5,000 instead. You will save $15,000 and end up with the same-sized diamond that looks just as clear and colorless.

What should you do with the rest of the money?

You said "heaven is forever," so invest there. Give it to frontline missionary groups that can print and smuggle a Bible into a country where they are banned for $2, and for every Bible brought in, 2 people on average come to believe in Jesus. $5,000 means 2,500 Bibles and 5,000 people saved; $15,000 means 7,500 Bibles and 15,000 saved.

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