Friday, October 2, 2009


Historically, the rough diamond price has been controlled by De Beers Group, which has an estimated 40% to 50% of the market. Botswana is currently the largest producer of diamonds with mines operated by Debswana, a joint venture between De Beers and the Botswana government. However, since the 1980s, other producers have developed new mines in Russia, Canada and Australia for example, challenging De Beers' dominance (historically De Beers market share was considerably higher, e.g. 80%). De Beers through its trading company known as the DTC raised wholesale diamond prices three times in 2004 by a total of 14%.

0.5 CARAT (50 POINTS) 1,500 US $
1.0 CARAT 6,500 US $
1.5 CARAT 12,750 US $
2.0 CARAT 26,000 US $
3.0 CARAT 51.000 US $
5.0 CARAT 115,000 US $

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