supplied the world with diamonds. Diamonds were so scarce that royalty found it extremely difficult to acquire them and the conception of making diamonds available to the public was unthinkable (Tsounta). In 1867 diamonds were discovered in South Africa and the diamond supply increased but this did not displace the ideology that diamonds are a precious and rare commodity that exists to this very day. Cecil Rhodes was a businessman that rented pumping equipment to diamond miners. Through his business
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n previous years De Beers owned a key resource for diamond production – mines. The monopoly’s power stemmed from the company’s ability to collect the world’s rough diamonds and send them out again, anonymously and bereft of origin. Because of turmoil which the company was facing on all fronts: illegal flow of diamonds from Sierra Leone and Angola, Russia’s diamond fiefdoms, etc; the formerly closely-held corporation had to undergo some rapid changes. Today De Beers maintains its monopoly power through
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In this post, we outline some of the most popular coloured gemstones to use in an engagement ring and their corresponding meanings. Different gemstones evoke different emotions and memories symbolizing the strengths or goals of a relationship. The meaning behind the engagement ring can make the jewellery that much more special, unique and most importantly: personal. By personalizing the ring to this level, the engagement ring or wedding band elevates itself from a collection of materials to something
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Profile The company was founded in 1999 by Marc C. Vandon after purchasing an existing diamond dealer website that later became Blue Nile. By 2009 Blue Nile has become one of the largest online retailers of diamonds. Selling diamonds is not all that Blue Nile offers, amongst their diamond jewelry there are plenty of other gold, platinum, silver and pearl pieces for purchase. In addition to selling diamonds, it also offers platinum, gold, pearl, and sterling silver jewelry. Blue Nile is a publicly
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violence across the diamond-rich nations of Africa. Diamonds, the hardest and most powerful substance known to man, are mined or stolen to fund armed conflict by rebel groups seeking to overthrow West African governments. During the 1990s diamonds obtained by rebel groups, conflict diamonds, made up twenty percent of the diamond market. After a decade long battle, the diamond industry, national governments and civil organizations collaborated to combat the illicit trade of conflict diamonds with the Kimberley
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Dirt to Distribution: The Diamond Purchasing Process and its Flaws Gregory Greenberg SCM 302 Sullivan University Fall 2013 Abstract: The diamond industry has often time been at the center of controversy due to the way that diamonds are excavated, refined and purchased. The term “blood diamond” is often applied to those stones which are mined in area’s of Africa that suffer from civil war due almost entirely to bloodshed over diamond mine rights. In response the diamond industry enacted the Kimberley
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Blue Nile Case Group D Monday and Wednesday 11:00-12:15 Anthony Allen, Laura Blakeman, Daniel DeMaiolo, Carla Hill, and Mason Shattuck 1 Industry Analysis: Dominant Economic Features Definition of Jewelry Retailing Industry & Nonstore Retailer Subsector According to the United States Census Bureau, the Jewelry Retailing Industry (NAICS code 448310) “comprises establishments primarily engaged in retailing one or more of the following items: (1) new jewelry (except costume jewelry);
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does the diamond industry promote responsible trading practices? To promote the trading of diamonds from legitimate sources and to ensure that consumers can be confident in their diamond jewellery purchases, governments, NGOs and the international diamond industry have worked together to implement a ‘certificate of origin’ system, known as the Kimberley Process: The Kimberley Process is a certification system that prevents diamonds from an area of conflict entering the legitimate diamond supply chain
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1. What are conflict diamonds? What groups benefited from the trade in conflict diamonds? What groups were hurt by it? As defined in the case study, conflict diamonds are gemstones that are mined or stolen by rebels fighting internationally recognized governments. Any of the anti-government/rebel forces/guerrilla troops/or other nonconformist groups within the areas of question or which could fall into this category or situation. The case study points out two groups who benefited the most under
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Auto-hide: on [pic] Table of Contents Chapter 1- Introduction To The Industry Evolution Of Jewellery Industry Introduction To Indian Jewellery Industry SWOT Analysis Of The Industry Current Scenario Of The Industry Future Outlook Of The Industry Chapter 2- Company Profile Tanishq Orra Chapter 3- Research Methodology Objective Scope Data Collection Limitations Chapter 4- Comparative Analysis SWOT Analysis -Ta nis hq SWOT Analysis - Kiah Chapter 5- Conclusion
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