Founding of Backes and Co. : 1789–1855 Founded in 1789, by German immigrant businessmen Georg Carl Backes and (later on) Max Strauss, the company is the oldest diamond company in the world.

Who started the diamond business?

The story of the modern diamond market really begins on the African continent, with the 1866 discovery of diamonds in Kimberley, South Africa. Entrepreneur Cecil Rhodes established De Beers Consolidated Mines Limited 22 years later, in 1888.

What is the biggest diamond company?

The De Beers Group
De Beers is the world’s largest diamond company. The De Beers Group controls companies in the diamond mining, diamond processing and diamond trading sectors; and is active in all avenues of diamond mining – open-pit mining, underground mining, alluvial mining and offshore mining.

What is the main diamond company?

De Beers S.A.
De Beers S.A., South African company that is the world’s largest producer and distributor of diamonds. Through its many subsidiaries and brands, De Beers participates in most facets of the diamond industry, including mining, trading, and retail.

What is the best diamond brand?

Top Diamond brands in the world

1. 1) Harry Winston.
2. 2) Cartier.
3. 3) Tiffany and Co.
4. 4) De Beers.
5. 5) Blue Nile.
6. 6) David Yurman.
7. 7) Chopard.
8. 8) Zale.

What are the rarest diamonds?

Quick answer: The rarest diamond color is the red diamond. They are so rare that less than 30 true red diamonds are known to exist. They can cost $1 million per carat and most of the red diamonds in existence are less than ½ a carat in size.

Who are the largest diamond retailers in the world?

James Allen standout for their customer service and cutting-edge technology. Blue Nile is the largest diamond retail e-commerce company in the world. The company was founded in 1999 and has grown significantly over the years. Moreover, Blue Nile can be in part credited for transforming the online diamond industry.

When was the first time diamonds were produced?

Before the 1870s diamonds were still rare, and associated with the aristocracy. In 1871, however, world annual production, derived primarily from South Africa, exceeded 1 million carats for the first time. From then on, diamonds would be produced at a prodigious rate.

When was the first diamond discovered in Canada?

Two large diamond projects are set to go into production as soon as late 2016 and early 2017 – the Renard and Gahcho Que projects. Diamonds were first discovered in Canada in the early 1990s by two geologists who resisted the conventional wisdom that local geology would not support a diamond find.

Which is the largest diamond mine in the world?

The mv SS Nujoma is inaugurated. It is the world’s largest and most advanced diamond exploration and sampling vessel. In March, De Beers Group takes full ownership of De Beers Diamond Jewellers. In March, Gahcho Kué, the world’s largest new diamond mine in the last 13 years, begins commercial production.