Diamond Trading Company

Nothing's worse that accidentally breaking your precious gold necklace or bracelet. Unfortunately, this frequently happens to many people simply because the gold is so delicate and precious. Pulling or yanking too hard on it in a rushed attempt to remove it, getting it snagged on something or accidentally snapping it while trying to untangle it can easily break the chain. Jewelry repair service is expensive and can sometimes cost as much as the gold necklace or bracelet did itself. So most times…

Innovation Assignment Question 1 One of the world's leading diamond mining companies (De Beers), was struggling to find ways to control and minimise diamond theft. As a result, this threatened their business viability due to substantial profit losses at many of the mines at the time. In attempts to start mitigating this problem, De Beers used a combination of physical body searches and conventional x-rays to detect any smuggled diamonds. According to Brian Ainsley, operations director at De…

involved in since the end of World War II. Despite these terrible issues, conflict mining rarely gets recognition. To address this, the United States introduced the Dodd Frank act, aimed at forcing companies to disclose the use of conflict minerals in their products . Despite this new provision, many companies have found loopholes and investors have not shown much…

be malicious, distinguishing traits can reveal the true nature of that society. In the novel, Blood Diamonds: Tracing the Deadly Path of the World 's Most Precious Stone, it focuses on societal behaviour in response to the Sierra Leone diamond trade. Therefore, the nature of society revealed in the novel, Blood Diamonds, is evil because of the…

(RUF) exploited and killed the innocent Sierra Leone villagers Briefly describe how the issue was portrayed. In the Blood Diamond movie, the Revolutionary United Front (RUF) used the illegal ways to sell the diamonds for purchase its military operations. Revolutionary United Front (RUF) is very cruel to the villagers in Sierra Leone which treat them merciless in order to diamond panning for the purpose to exchange of arms and weapons. The Revolutionary United Front (RUF) had also kidnapped the…

The diamond industry employs 38,000 people, directly in Southern Africa, the main industrial location for diamonds). This employment provides shelter, food and clean water for people working in the mines. In South Africa, a rough 28,000 people are employed for cutting, mining, valuing, polishing, jewelry manufacturing, and retail. These few job opportunities open doors for workers to live under a roof, to get their kids educated, to obtain appropriate health care and much more. "We know that…

Blood Diamond This story is about a diamond smuggler mercenary and a man who had lost his family to rebels who kidnapped his son for work in a diamond mine. Blood diamonds are not named for their color, but rather because of the very real blood which is shed in order to mine them. when you wear a blood diamond on your hand, then you really do have blood on your hands. Campbell neatly ties into how blood diamonds end up on the ring finger of brides while their use has funded a war which has…

One project funded by the World Bank is the gold mine Yanacocha in Peru. The World Bank has funded the Yanacocha mine in order to help build and expand the mine. This gold mine is a very large operation. It is hundreds of square miles high and is as high as 13,000 feet. “Since 1993 this mine has produced more than 35 million ounces of gold. It is the largest gold mine in South America.” (Hallman and Olivera). The World Bank owns a small stake in the mine. “This gold mine has…

The concept of blood diamonds is one that people know too well, as a consequence, consumers have pushed back and demanded that all diamonds come from unethical suppliers. Gold has followed a similarly wrong turn, which leads to asking what the real price that we are paying for gold, is it merely the store tag or greater the ecological and social impact that we are leaving on the earth. From 2000 to 2010 the price of gold has grown exponentially, this has triggered a gold rush in Peru. The region…

reality of the diamond industry in Sierra Leone, there is a need to take a look back in its history. Sierra Leone was colonized by the English, in which, the De Beers Corporation controlled much of the diamond mining area in Sierra Leone. Despite gaining independence, the diamond sector was still controlled by the De Beers. De Beers took the advantage of the instability of the newly formed government, allowing it to take control of almost all of the diamond operations in “diamond mining region…