Post subject: Zimbabwe ruling the roost with cheap diamonds
Posted: Wed Feb 15, 2012 4:28 pm
Platinum Member
Joined: Tue Jun 03, 2008 4:40 pm Posts: 2667 Location: South Dakota
[Feb 15 2012] "Zimbabwe diamonds are available at $40 per carat, which is very cheap as compared to other mining giants whose diamonds are sold above $100 per carat...................."
I love Martin Rapaport's quote in the promo link I posted:
"There's a reason god scattered those in the lands of the poorest people of the world, and [created] a want for the richest people in the world to buy them"
If one meditates on this saying (in any religion) I don't think anyone would ever want to buy diamonds from Mugabe's failed terrorist state.
Post subject: Re: Zimbabwe ruling the roost with cheap diamonds
Posted: Mon Mar 05, 2012 11:31 am
Site Admin
Joined: Sun Oct 16, 2005 12:22 pm Posts: 21602 Location: San Francisco
Uhmmm...this is not out of line for rough diamond prices. $40 per carat is midrange.
In an article in Rappaport mag a few years ago, rough, gem quality, diamond prices were quoted from a low of $20 per carat to a high of $120 per carat in Sierra Leone as I recall.
I would love to get a copy of the article if anyone still has it.
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