Posted by The Australian Financial Review on Monday, September 25, 2018 03:11:08A diamond ring costs around $1,300 and can be as much as $5,000, depending on the size of the cut.
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Diamonds are produced using diamonds and precious stones, and are the most valuable in the jewelry market.
A diamond is an alloy of carbon and silicon, which can be broken down to form carbon, silicate and mica.
Diamond mining is a highly mechanised process.
The diamond industry employs about 1.5 million people, and employs about 2.6 million in Australia.
This article originally appeared on The Australian Business.