Diamonds are found all over the world, but 80% of all diamonds come from just seven sources: Angola, Australia, Botswana, Namibia, Russia, South Africa and Zaire. Modern mining - and the rise of the great De Beers diamond empire - began in South Africa in the mid 19th century. Legend has it that Erasmus Jacobs, an eight-year-old farm boy, found a 21-ct. yellow "pebble" in 1866 near the Orange River that turned out to be a diamond - the first of many discovered in South Africa.
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