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Who run the diamond industry in Serra Leorna?

Debeers


What is De Beers famous for?

DeBeers are the diamond people in South Africa, they mine and they also broker, in one word they have the monopoly on the diamond industry, they are world famous, when you say "DeBeers" you know you mean diamonds.


Is de beers a natural monopoly in the worlds diamond trade?

DeBeers controls about 35% of the diamond gemstone industry, according to Time Magazine, November 2010.


When was the use of a diamond as an engagement ring introduced when and where?

The DeBeers diamond empire began in 1837 with the discovery of a Diamond mine in Africa. The DeBeers popularized the use of diamonds as a stone signifying commitment..


Brand name for a diamond is forever?

This slogan began with DeBeers in the 1930s.


What is the biggest diamond company in the world today?

Probably the DeBeers organization.


What are the positive effects of diamond mining in Africa?

It makes money for the Debeers family.


Who is the world's largest diamond supplier?

Wholesale and to the trade, the largest supplier is probably DeBeers.


What was the first major diamond company?

Major? I believe it was DeBeers...after they consolidated the independent mining concerns and cornered the market.


Who has the largest collection of diamonds in the world?

The largest collection is probably in the hands of the DeBeers diamond organization.


What impact does the diamond company monopoly have on the global diamond industry and market?

The diamond company monopoly can limit competition, control prices, and restrict supply in the global diamond industry and market. This can lead to higher prices for consumers and less innovation in the industry.


Who helped form the de beers diamond company?

Cecil Rhodes, an Englishman, formed the DeBeers diamond organization. According to Wikipedia, as below, his partner was C.D. Rudd. The name DeBeers was the family name of the farm they purchased that contained the volcanic pipe. You can read more about Rhodes, below.