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The Social, Economical, and Environmental Impacts of Diamond Mini...

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The Social, Economical, and Environmental Impacts of Diamond Mining in Africa

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Name: Heber M. Galinatti
ID: UMS00858782
Assignment: Final Paper
Instructor: Dr. Moshin Habib
Course: MGT 434

The social, economical, and environmental impacts of diamond mining in Africa For many people over generations the diamond has been a symbol of power, beauty, luxury, uniqueness, and everlasting pure love. For others the diamond has been a symbol of conflict, death, exploitation, misery, and blood shade. All the glamour and beauty attributed to diamonds might be blinding us to the impacts of its operations in Africa. In this paper we will go through a research journey to find out more about the positive and negative impacts of diamond mining in Africa and the diamond industry. Also, this research paper will highlight the impacts of the diamond business operations socially, environmentally and economically in the diverse African continent. There are different types of diamond mining operations according to location and company strategies. Examples of diamond mining are the open pit mining (excavation to reach diamonds on the surface of the ground), underground mining (excavation up 1 mile underground), coastal mining (removal of sand and soil to find diamonds), marine mining (excavation of diamonds in the seabed). Estimates claim that 60% of all the diamond deposits in the world are in the African continent. However it is important to note that not all countries in Africa have diamond reserve mines. In the present day the countries with diamond mining operations are: South Africa, Angola, Botswana, Zambia, Central African Republic, The Democratic Republic of Congo, Ivory Coast, Liberia, Namibia, Republic of Congo, Sierra Leone, and Tanzania. Out of all these African countries the main diamond mining producers are South Africa, Botswana, Angola, Democratic Republic of Congo, and Namibia. Each of these countries has their own particular laws, culture, language, and public policies, but all of them having in common the diamond mining activities....