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Diamond Adventures in India
by Garry Holloway | Published  3/04/2005 | Travel Logs
Some Factory Buildings
Another leading manufacturer is into minimalist architecture; he read and researched the styling extensively himself and built a factory with no painted surfaces in the building.


This is one of the first of the new factories built in Surat.

This last factory is run by the only person in Surat with an espresso coffee maker :)

Most of these companies are De Beers Sightholders, i.e. they go to London every 6 weeks to collect a shoe box full of rough diamonds, assorted as best as De Beers can, to share out the desirable and the not so desirable rough diamonds from their mines and those of the mines that are sold through their 'co-operative' (30% and 20% of the worlds diamonds respectively).

Remember that 110 years ago De Beers was originally founded by Cecil Rhodes (as in Rhodes Scholars and Rhodesia) as a miners co-operative. Around 1,000 miners were working the on Big Hole and being ripped off by the European buyers. It was only in the 1930's depression, that the vision of Sir Ernest Oppenheimer led to his purchasing the shares from the miners families; they did not have the guts or belief in diamonds to fund the continued buying of rough. The other investors did not believe the market would rebuild for many years. Oppenheimer did the classic thing – made a big punt – and had to make it work. Within a decade he had employed top advertising and PR guru's and who came up with the famous line – “A Diamond is Forever”. The rest is of course history. BTW the name De beers came from the name of the farm that the Big Hole was found on. There was never a Mr. & Mrs. De Beers.

 

Article Series
This article is part 2 of a 3 part series. Other articles in this series are shown below:
  1. The Palace on Wheels - The adventure
  2. Diamond Adventures in India
  3. USA Adventures June 2005
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