Diamond Origin, Production, & "Conflict Diamonds"
Happy Monday everyone! Have you ever considered how many diamonds are produced annually? Here is an interesting visualization. The volume corresponding to the annual production of diamonds 1 carat and up is equal the the volume of about 2 basketballs. When you go up to the 2 carat size and above it drops to the volume of a soccer ball. 5 carat and up is equal to the volume of a tennis ball. Neat visualization, right? Interestingly, the number of recovered diamonds peaked in 2005 and has decreased during the following years.
So, where do diamonds come from? Diamonds originate 3x deeper than the magma of most volcanoes. These diamonds are typically 1 to 3 million years old. A diamond is generally the oldest thing that most people will ever hold in their hand!
But what about "conflict diamonds"? The 2006 movie "Blood Diamond" certainly sparked conversation about the subject. However, since the 1990's (when the movie was set) the industry has put in place strict controls to ensure that no diamonds coming from conflict zones are traded. This process is called the "Kimberley Process." As of today 99.8% of diamonds are Kimberley compliant. In addition, all producers have safeguards in place to guarantee their diamonds are produce responsibly. The mining process itself also has a very small environmental footprint. No chemicals are used and many operations are working on projects to move toward carbon neutral status.
It's also important to remember that the diamond industry supports the livelihood of 10 million people globally, including 1.5 million Artisanal and small scale miners and their families in Africa and South America.
Diamonds are truly incredible! Stop in to see us at Dublin Village Jewelers and we would be glad to show you some beautiful examples in person!
Source: diamondfacts.org, Diamond Producers Association