Here Is Why You Do NOT Want A Blood Diamond

Aside from being used as jewelry, diamonds are also used extensively in a variety of different industrial roles. In reality, only one in five (1/5) of all diamonds mined are considered appropriate for jewelry use. The remaining percentage of diamonds that were not used in jewelry is being used in industrial functions which include cutting and grinding. These industrial grade diamonds which are more commonly known as "borts" are used for industrial purposes. Borts or industrial grade diamonds are used as components of cutting and grinding tools such as drill bits and saws. Because of their hardness and toughness properties, industrial grade diamonds are also used as coatings for files and abrasive slurries. Industrial grade diamonds are also used to cut and polish other materials, including other gemstones. Because of its transparency and brilliance, industrial-grade diamonds or Borts are also used as components for laser equipments and for precise and durable optical equipment. Lastly, industrial-grade diamonds, because of their good conductibility property, are used as semiconductor coatings and materials for microchips and computer processors.

The diamond industry is in charge for billions of dollars of economic deal yearly, giving diamonds a very sensible economic use. In addition to diamond buyers, diamond miners, jewelry designers and jewelers, a lot of other people support their livelihood on the wellbeing of the diamond industry. Many countries obtain a significant section of their trade from diamond mines. Countries that rely significantly on their diamond mining sector include Australia, Canada, and a variety of African nations.

Several diamond economic uses however are not praiseworthy. Blood diamonds and conflict diamonds are unlawfully mined and traded. Blood or conflict diamonds are loose diamonds that are frequently acquired through robbery or compulsion and are used to fund rebellious and terrorist actions. The purchase or trade of these conflict diamonds are severely frowned upon. Fortunately, numerous countries have formed various coalitions and have signed agreements to eliminate the trade of conflict diamonds and stop this illegal use.