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Diamond Preserve of the United States PDF Print E-mail
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Tuesday, 18 September 2007
diamond Preserve of the United States, Inc. A company formed in the late 1940's for the purpose of per¬mitting the public to search for Diamonds in the Arkansas diamond deposits for a fee. The principal pipe is now owned by the State of Arkan¬sas and is advertised as the "Crater of Diamonds State Park." See ARKANSAS. Diamond Producers' Association. An association whose membership con¬sists of the Government of the Re¬public of South africa, the Adminis¬trator of the Mandated Territory of South-West Africa, De Beers Con¬solidated Mines, Ltd., Premier (Transvaal) Diamond Mining Co. (Pty.), Ltd., Consolidated Diamond Mines of South-West Africa (Pty.), Ltd., and the Diamond Corporation (Pty.), Ltd. It sells to the Diamond Purchasing & Trading Co. (Pty.), Ltd., and Industrial Distributors (1946), Ltd., all of the diamonds produced by its members. These companies have contracts with the Diamond Trading Co., Ltd., and Industrial Dis¬tributors (Sales), Ltd., for the market¬ing of all the diamonds acquired by them. Each of its members receives a quota of the world's diamond trade, after providing for the purchase by the Diamond Corporation of the out¬put of diamond producers who are not members.
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