The Diamond Ring
Business, Politics, and Precious Stones in South Africa, 1867-1947
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New material is provided on the ways in which the British government strengthened the hand of the Diamond Syndicate and the Diamond corporation to maintain and extend central selling beyond South Africa to other states - Zaire, Angola, Ghana and Sierra Leone, before independence, as the "Ring" expanded into a world-wide brokerage based on London.
This is a history of the production and marketing of diamonds from the period of the "rush" to Kimberley and the rise of de Beers until the formation of the central Selling Organization by South African producers and London and South African merchants. Based on a wide variety of original sources from public and mining company archives, it is a study of both the politics and business of a South African monopoly which became an international cartel.
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