How Diamond Prices Are Determined: Understanding the Factors That Affect Diamond Value

How Diamond Prices Are Determined: Understanding the Factors That Affect Diamond Value Pricing diamonds is not as simple as many other products. While standard pricing involves calculating production costs and applying a markup, diamond pricing takes into account various factors that influence its value. From the cost of mining the rough diamond to the final retail price, understanding how diamonds are priced can give you a deeper insight into the gemstone market. ...

December 25, 2024 · 3 min · 577 words · Aixwim

How Diamonds Are Mined: Understanding the Mining Methods

How Diamonds Are Mined: Understanding the Mining Methods Diamonds are often seen as the epitome of luxury, but the journey from the rough stone to a sparkling gem is not one most people think about. Natural diamonds are mined from the earth using two main methods: Pipe Mining and Alluvial Mining. These processes involve complex techniques and require significant effort to extract diamonds from the ground. 1. Pipe Mining: The Process Pipe mining, or kimberlite mining, is a method used to extract diamonds from volcanic pipes that are naturally formed deep within the earth. These pipes are the result of ancient volcanic activity, and they are rich in diamonds that were forced upwards from the earth’s mantle over millions of years. ...

December 25, 2024 · 4 min · 651 words · Aixwim