What is unique about South African diamonds and South Africa jewelry
Along with other mineral resources, one of the lifeblood of South African economy is Diamonds. South African Diamonds mines produced roughly ten million carats of diamonds, worth over US$1.2 billion till recently.
AngloGold Ashanti’s Mponeng mine is located in Gauteng province of South Africa. It is mined to an average depth of 2,800m-3,400m below surface and is one of the world’s deepest and richest gold mines with grades at over 8g/t.
The primary South African Diamonds sources including seven large diamond mines around the country, are regulated by the De Beers Consolidated Mines Company. The Mponeng gold mine located in the Gauteng province of South Africa is the greatest operating mine around the world.
While demand for gold jewellery,controls fine South Africa jewelry
as a metal in South Africa, it remained equally steady due to the bridal market notwithstanding a challenging economic environment towards the end of the evaluation period due to the strictlockdown in response to COVID-19 of watch professionaland leading jewelry retailers.
It restricts sales of this category, but also had a profound impact on weddings and therefore wedding bands during this time. With many couples delaying their plans until later in the year at the same time some are deciding to reschedule until 2021, they hope that lockdown measures will have been relieved enough to allow for travel for friends and family, and allowablejamborees.
In addition, lack of international tourism during the lockdown is also likely to have combined falling demand forSouth Africa jewelry with this demographic contributing to sales of South African Diamonds particularly.
Jewellery in South Africa continued a highly scrappy landscape in 2019, with local players continuing to face harsh competition from imports. Although request for locally hand-made South Africa jewelry exists, many consumers continued to prefer imported pieces due to their affordability. In spite of the fact that smaller players can offer their products at lower prices as they incline to run their premises outside of shopping centres with lower commercial rent.
Diamonds are the world’s ancient gem, shaped over 3.3 billion years ago in 200km underneath the Earth’s surface. Under the conditions of greatest heat and pressure carbon atoms crystallize, the diamonds are formed. It takes millions of years for a diamond to form, and geologists believe the most recently formed diamonds would be around 45 million years old. Variationsof temperature and pressure significantly impact the formation of diamonds, and if the conditions are not ideal, it could result in the extermination of new diamonds. South African Diamonds are of best of its kind and the South Africa jewelry made out of it has achieved top rank across the world.
Molten Kimberlites commonly known as “magma” are also formed within the Earth’s upper mantle beneath the Earth’s crust inconditions of intense heat and pressure that makes the Kimberlite grow at a rapid rate. This expansion causes the magma to erupt, forcing it into the Earth’s surface and taking along with it the diamond-bearing rocks. Kimberlite gets its name from the town of Kimberley in South Africa, where the original diamonds were found in this kinds of rock. Is it not enough to conclude the superiority of South African Diamonds among other diamonds across the world?
Expert levels of expertise and skill allow diamond cutters and polishers, like those at Shimansky, to bring a rough diamond to life and showcase its brilliance, fire and sparkling, to reach its maximum potential. Today, South Africa is one of the world’s most extensively known and large diamond-producing countries.
The South African Diamond plays a key role in the world’s diamond history. Before diamonds were discovered in Kimberley, they were extremely rare, and were only found in small quantities in India and Brazil. Today, South Africa continues to be one of the world’s major producers, and it is estimated that up to 65% of the world’s diamonds were mined in Africa.
Another important producer of diamonds in South Africa was the Premier Mine. It was recognized after the finding of the Cullinan Diamond Pipe near Pretoria in 1902 and has created some of the world’s largest and most famous diamonds, including the Cullinan in 1905. Today, two diamonds that were cut and polished from the Cullinan diamond forms part of the crown jewels of the British Royal Family.
The factors that need to be considered when buying diamonds are “four Cs”, the universal grading system since 1939. These “four Cs” are
These key Cs are
Though not official keys the ‘C’ is widely accepted one. It refers to the amount of confidence you have in buying diamond studded South Africa jewelry that you aresimply buying from and therefore the assurance that South African Diamond you have is as valuable as it is claimed to be.