Jason Ram Business Watch

Argye mine located in the Kimberley region in the far north east of Western Australia.
Owned by Rio Tinto, this mine is the world’s largest single producer of volume of diamonds. However, due to low proportion of gem quality diamonds it is not the value leader. It does produce 90-95% of the world’s supply [...]

Pricing most products is quite easy. Determine how much it costs to make the
item, how much it costs to market that item, and then mark it up by 15 – 30% or more.
Simple, right? Well, pricing diamonds isn’t quite that simple. There are many factors
that are considered when diamonds are priced.
Diamond prices are determined first [...]