Saturday, February 23, 2008
Question & Answers
Part1
What two conditions are needed to turn carbon into diamonds?
_ Extreme pressure
_ Temperatures about 1000 C
What is the substance that transports diamonds to the surface?
_ Magma via
What is the process that leads to diamonds being exposed on the surface?
_ Erosion
Referring to the map at the bottom of the web page:
What continent is responsible for producing most of the world's diamonds?
_ Africa
Part 2
What is the name of the biggest diamond mining company in the world?
_ De Beers consolidated mines Ltd
Where do they mine most of their diamonds?
_ South Africa
What percentage of the world's rough diamonds trade do they control?
_ Over 80%
In the early 20th century how did the company keep the price of diamonds high?
_By restrict the amount of diamonds
Which city has been a diamonds center for 600 years?
_ Antwerp
What people are associated with the diamond trade in this city?
_ Indian families and Lebanese
How many polishers and cutters are left in the city today?
_ 1500
What percentage of the world's a rough diamond pass through the city?
_ 80%
What percentage of the world's rough diamonds are cut and polished in India?
_ 90%
Where do the rough diamonds come from (name two places)?
_Antwerp
_Tel Aviv
How much do Indian workers get paid for each cut and polished gem?
_40 cents
What city has a growing reputation as a diamonds hub?
_Dubai
What special governments incentive (deal) is attracting diamond traders to the city?
_50 years with zero tax
How much is the business worth there?
_ Hearty $ 1 billion
What kind of pop stars buy a lot of diamonds?
_hip hop
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