Diamond stylish Fashion Jewelry.
By Farzana Aamir.
December 27, 2013 6:34 pm • PHILL CONNELLY For the Ravalli Republic(0) Comments
Every weekend the Ravalli Republic takes a look back at a year in history from the pages of Ravalli County newspapers. Phil Connelly scours the archives at the Ravalli County Museum to make this happen. We thank the museum for granting access to their archives. This week we take a look at 1926
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Diamond kings fear price cut
Diamonds will soon become as common as artificial pearls if the current unrestricted output from alluvial diggings continue, according to South African diamond magnate Soloman Joel, director of the De Beers Consolidated mines. He has recently arrived in South Africa in hopes of persuading the government there to limit alluvial output.
Note: De Beers is a cartel of companies that dominate diamond mining, diamond trading and industrial diamond manufacturing sectors. The cartel sells about 75% of all diamonds in the world.
Prior to the 1930s, diamonds were seldom given as engagement rings.
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