De Beers diamond traders give up de facto monopoly

Mine company purchased precious stones for price support
The South African diamond company De Beers is on its role as guardian
of the most sought-after gemstones in the world. 66 years controlled
the company through its monopoly sales organization, with the Central
Selling Organization (CSO) in London, nearly 65 percent of world trade
rough diamonds.
Now the company will function as the "buyer of last resort" to give
up. This, the Group announced in London. "Our strategic realignment is
one of the most important steps of development of the diamond industry
since the 30s," said Nicky Oppenheimer, chairman of De Beers.
Especially in the U.S. the group has repeatedly accused the monopoly
of the CSO. In future De Beers as a "supplier of choice" (supplier of
choice) act. This means that De Beers stopped buying up the excess
supply of rough diamonds on the market and hoarding in order to
stabilize the diamond price.

Star turns into a diamond planet

Astronomers have discovered a planet in our galaxy of diamond. The small satellite has a higher density than any previously known planet.

Astronomers have discovered a star that was umwgewandelt and compacted to a planet - probably in large part from diamond. The unusual Trabant had a far greater density than any other planet tracked says an international team of researchers at Bonn participation in the U.S. journal "Science."

Once again, super-diamond discovered in South Africa - diamond sales to buyers result.
   Photo: pa / dpa / EPA A planet made of diamond fired the imagination of researchers

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Campbell's rough diamonds to the police

13 years kept under wraps

The story of "blood diamonds" that the British top model Naomi Campbell may have received from ex-Liberian dictator Charles Taylor goes into a new round. A day after the Campbell's statement before the Hague war crimes tribunal before which Taylor is accused of war crimes, are the diamonds in the South African police appeared.

Karin Koller
13 years under lock

A trustee of the Nelson Mandela Children's Foundation, Jeremy Ratcliff has passed the ominous stones on Thursday, the South African police. Ratcliff confirmed in obtaining the three small stones in front of over 13 years ago by Naomi Campbell to have. Campbell wanted to donate the stones of the Children's Foundation. He was suspicious but the stones were so Ratcliff. He had suspected even then that it could have been a so-called blood diamonds. And do not bring to the Nelson Mandela Foundation with a donation in such

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