Diamond

Introduction: De Beers is an association of companies that dominate any things related to diamond such us diamond trading, diamond mining, diamond shops and industrial diamond manufacturing sectors. The company was established in 1888 by British businessman Cecil Rhodes and funded by London-based N M Rothschild & Sons bank and the South African diamond magnate Alfred Beit. They have many places for mining like Botswana, Namibia, South Africa and Canada.However; there was a big debate about some…

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…

As of January of this year, China, the leading producer, refiner, and exporter of rare earth minerals, has begun cutting off exports to the US and other consumers. Despite efforts by both the World Trade Organization and United States, they have refused to open up exports again. This has presented a difficult problem for the United States. Rare earth minerals are used in a plethora of products, including renewable technology, precision guided missiles, and computers. As the supply of minerals in…

in Global Economy, Pietra Rivoli explores America’s success in the cotton industry. Rivoli touches on all of the elements of Porter’s Diamond and how they contribute to America’s long term success in the cotton industry. Porter’s Diamond illustrates the components that help a nation succeed in a particular industry for so long. The components of Porter’s Diamond are factor endowments, demand conditions, supporting industries, and firm strategy. These elements include the support of the…

Jared Diamond the author of the best seller “Guns, Germs and Steel: The Fates of Human Societies” explores and distinguishes the ultimate factors that explain the broad patterns that led to the emergence and dominance of Europe. Throughout the book, Diamond argues that the dominance of Europe since the Stone ages was caused by environmental and geographical factors. As stated by Diamond: “ Environment molds history” – he reiterates his ideas by making use of themes like agriculture, the…

Commodification is the process by which material objects are turned into marketable goods with monetary value based on equivalent commodities. In relation, the Marx idea of commodity fetishism is related to this by which all value is derived from an abstract unknowable meaning, and the original meaning or use is absolutely gone. Commodification is evident Ed Kienholz’s watercolor artworks. In exchange for a service or material possession, he would offer a watercolor painting as payment. He was…

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…

Diamonds Are Forever. Or so the De Beers mining company would like to remind us. For a century, if you purchased a diamond, there was a 90% or higher chance that The De Beer mining company brought it to market—a true monopoly. The last three and a half decades have not been so kind to the firm, with market share crashing to a “mere” 35%. This company was founded by none other than Cecil Rhodes. Rhodes was archetypically imperialist. We are given a small glimpse of Mr. Rhodes’ brand of…

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In the article “Consequences and Future of Plant and Animal Domestication”, Jared Diamond, the author, discusses and explains a few very important topics involved with the domestication of plants and animals. First of all, the article starts off by discussing the topic of the origins of domestication around the world. There is no definite place or time of origin, but domestication began when a pair of changes occurred. The pair of changes that appeared was the change in the behavior of humans…