diamond engagement ring, diamond stud earringWhere is the cheapest supply of diamonds? West Africa as we all learned when awareness was drawn to the blood diamond epidemic in places like Sierra Leone. No matter what your opinion on blood diamonds is, the majority of stones you see in a diamond engagement ring or diamond wedding band from major retailers like De Beers is coming from the West African Diamond Plc., which has been talking about a looming takeover.

West African Diamond Plc. gets the majority of their stones from Sierra Leone and Guinea but will soon the hand the reigns over to someone else within the next two months. These talks have driven diamond prices up.
You will see higher prices when going to check out a diamond stud earring at De Beers. Large diamond and gem stores are looking elsewhere for product because the increase, which has to do with a Sierra Leone dig project that has not been going well and the always present security threats.

Staying up to date with this situation could save you money when looking for some new diamond accessories.