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[31] [34] [9] Oppenheimer was very concerned about the discovery of diamonds in 1908 in German South West Africa, fearing that the increased supply would swamp the market and force prices down. [ 10 ] [ 11 ] Former CIA chief Admiral Stansfield Turner claimed that De Beers restricted US access to industrial diamonds needed for the country's war ...
The Cullinan Diamond is the largest gem-quality rough diamond ever found, [2] weighing 3,106 carats (621.20 g), discovered at the Premier No.2 mine in Cullinan, South Africa, on 26 January 1905. It was named after Thomas Cullinan, the owner of the mine. In April 1905, it was put on sale in London, but despite considerable interest, it was still ...
The sixth-largest diamond in the world, the Jubilee, found at the Jagersfontein Mine. Jagersfontein Mine / ˌ j eɪ ɡ ər z ˈ f ɒ n t eɪ n / was an open-pit mine in South Africa , located close to the town of Jagersfontein and about 110 kilometres (68 miles) south-west of Bloemfontein .
The Cullinan Diamond is the largest rough gem-quality diamond ever found, at 3,106.75 carats (621.350 g). [1] It was found by Frederick Wells, surface manager of the Premier Diamond Mining Company in Cullinan, Gauteng, South Africa, on 25 January 1905. The stone was named after Sir Thomas Cullinan, the owner of the diamond mine.
Despite declining production, South Africa's gold exports were valued at US$3.8 billion in 2005. [24] As of end-2018, South Africa had a potential 6000 tonnes of reserves. [25] In July 2018, the Mineral Council of South Africa announced that 75% of mines in South Africa were now unprofitable due to the declining gold reserves. [26]
It is situated close to the South African town of Alldays in the Limpopo province and is located within the 360 km 2 Venetia Limpopo Nature Reserve. The open cast mine is one of De Beers’ six remaining diamond mines in South Africa and the only major diamond mine to be developed in the country during the past 25 years. As such, the mine ...
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