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The diamond industry has been surrounded by contraversy, and De Beers is no exception to the rule. Due to the issues De Beers has faced in the past (as you mentioned above), De Beers has taken measures to correct the injustices of the past, like creating programs that share profits with the various cities...
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Diamonds are considered a unique resource because the price level is always on the increase (without any big swings) unlike other commodities such as gold whose prices fluctuate (sometimes violently) in the market. The constant increase in the price of diamond is usually attributed to the monopolistic...