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Even
as diamonds were formed billions of years ago, the history of their usage and
industrialization is quite ancient too. Archaeological studies have revealed
that the usage of diamonds was quite prevalent in the Greek, Roman and Indian
cultures.
However, it was only with South Africa, that the diamond
industry got the much needed impetus. Gemisimo.com brings readers, these
interesting facts on how the diamond industry grew from an unorganized sector
to a highly organized sector.
Earliest diamond times
The earliest record of
diamond history belongs to 3000 years ago in India, where these stones were
first discovered for their property to refract light. These were heralded as
highly precious stones and were commonly used in the crowns and rings of monarchs.
The term diamond, is said to have emerged from the Greek word 'adamas', meaning
unconquerable.
This was also the time, when diamonds were also used popularly
as engraving tools. Archaeological evidence in Yemen is indicative that during the
4Th Century BCE itself, diamonds were used as drill tips. The first
record of using alluvial diamonds also belongs to India, when river bed diamonds were
discovered in 800BC.
Many people also wore diamonds in talismans to ward off
evil, offer protection during war, counter ill-astrological influences and for
attracting others. The powers were even tapped in the medical industry, when
during the dark ages records of using the stone to cure illnesses and wounds
has been found.
Typicall Rough Diamond
Thirteenth century
This was the time, when the
trade of diamonds to Europe increased because of the Venice trading network. However diamonds were
mainly worn by monarchs and kings. King Louis IX of France also went on to introduce
the law that only kings could wear diamonds. Also, after some time a guild of
diamond polishers was established in 1375. Till that time diamond cutting was
not practiced due to the Indian taboo on the same. However in this century,
diamond cutting practices began earnestly in many parts of the world.
Fourteenth and fifteenth
century
Diamond cutting techniques
improved and new cuts were introduced during the fourteenth century and over
the time to come. Slowly, people other than kings, including rich merchants and
aristocrats also began to wear diamonds. The tradition of diamond engagement
rings is also said to have begun during this time with Archduke Maximilian of Austria. It is
said that in 1477 he presented a diamond engagement ring to Mary of Burgundy.
Diamond polishing techniques, dating to the fourteenth century were also noted
from India.
The earliest record of diamond cutting was noted in Antwerp in 1550. Antwerp was renowned as a highly important
diamond center of the period.
Eighteenth century
When the supply of Indian and
Brazilian diamonds dwindled, other options were sought and in 1866 diamonds
were discovered in South Africa
near the Orange River. This discovery made by
Erasmus Jacobs, began the world's biggest diamond rush as more diamonds were
discovered in fifteen years than India had in 2000 year span.
By 1869 diamonds
other than alluvial diamonds were discovered in hard rock. As this discovery
was first made in the town of Kimberly,
the hard ground took the name of Kimberlite. During the 1870s and 1880s, large
diamond manufacturers like Rhodes and Barnato entered into strong competition
and later merged into forming De Beers Consolidated Mines Ltd.
Stories from
history also reveal the poisonous qualities of diamonds and diamond dust. One
example states that attempts to kill Colonel Phayre, British resident in India, were
made around the year's 1874 using diamond dust in his usual beverage of lime
juice.
Nineteenth century
Besides the nations of India and Africa,
other nations were also seeking diamonds in their soil. During the nineteenth century,
Australia
discovered diamonds for the first time in its Eastern region. However, it was
only in the 1970s that the potential of Australia's diamond industry was
recognized worldwide.
Also, the richest diamond deposits of Orapa pipe in Botswana (currently the second largest in the
world) were discovered in 1967 while Argyle, in Argyle Lake, Australia,
was discovered in October 1979. Today, this region is the largest volume
producer of diamonds.
The De Beers consolidated group, slowly grew in size and
importance during this century and introduced to the world the criteria of cut,
color, clarity and carat in 1939 to determine the quality of diamonds. Diamonds
were also utilized during the American World War II for cutting steel and
drawing wire for the various weapons, airplanes and ships. By the end of the
nineteenth century, retail sales of the global diamond jewelry industry doubled
to US $56.1 million in 1995.
Twentieth century and recent
times
In the year 2000, the World
Federation of Diamond Bourses (WFDB) and the International Diamond
Manufacturing Association joined hands to establish the World Diamond Council.
This body helps to prevent the trading of conflict diamonds. In November 2001,
the Oppenheimer Research centre, world's largest and most advanced synthetic
diamonds centre was opened in South
Africa by De Beers.
Today the organization
holds a substantial stake in most African mines and controls 67% of diamonds
sold in international markets. The Kimberley
process certification system (KPCS) was also introduced in the year 2002 to
curb the sales of conflict diamonds. In April 2003, the Clean Diamond Trade Act
(CDTA) was enacted by the United
States which helped to monitor the KPCS.
Today diamonds are mined in 25 countries and all continents except Antarctica
and Europe. 80% of the world's supply of rough
diamonds comes from the nations of Australia,
Zaire, Botswana, Angola,
South Africa, Russia and Namibia. Over a hundred countries
participate in the exporting of rough diamonds.
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