Naomi’s best friend

  • Fact: #

South Africa produced 6.1 million carats of diamonds in 2009. Bostwana produced 17.7 million carats over the same period (Kimberly Process, bit.ly/dcDOR9)

This week’s theme: SA vs. the rest

5 responses to “Naomi’s best friend

  1. James

    14 years Ago

    All that this fact informs is South Africa’s and Namibia’s production. Where are the global figures, so that comparissons can be made and national pride can be assumed?

    1. Amnon

      14 years Ago

      James, have a look at the source -> Kimberly Process, [the link has been removed as it’s no longer active]

  2. Natan

    14 years Ago

    The diamond industry is one huge scam. How many diamonds are “store” to keep the price artificially high. Their only real use (besides putting on cutting discs) is womens’ fingers and is that really worth it??

  3. Jabulani

    14 years Ago

    Thanks Amnon for link. It is interesting to note that the total value of production of diamonds has fallen from US $10.2 billion (2004) to US $8.6 billion (2009). Its mainly due a restriction in production since the average price of a carat has risen. Botswana which has the worlds largest diamond (Orapa) has almost halfed it production during the period. I think some interesting hypothesis can be made about the state of the diamond market.

  4. Jabulani

    14 years Ago

    Errata:

    Worlds largest diamond – should read “Worlds largest diamond mine” 😉

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