TooFastTim
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- Nov 15, 2006
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I agree! Even using Oppenheimers as people who started mining was a bad example. But don't you think extracting diamonds from a Kimberlite pipe is highly germane? There's a lot of mechanized complicated technology in mining diamonds there too but not as challenging as labour intensive deep level mining.
Certainly in the case of offshore diamond mining but in Namibia you can walk on beaches strewn with the bloody things. You'll probably get shot but that's the genius of de Beers.
When diamonds were discovered around Kimberly in 1866 they were a novelty. Subsequent discoveries proved they were as common as muck and this is where de Beers got really clever, by throttling the supply of these trinkets.