cover image DIAMOND: A Journey to the Heart of an Obsession

DIAMOND: A Journey to the Heart of an Obsession

Matthew Hart, . . Walker, $26 (276pp) ISBN 978-0-8027-1368-1

Any book that details the diamond trade must contend with the brilliance of Stefan Kanfer's 1993 gem, The Last Empire. And Hart's book picks up roughly where Empire left off. When Hart (editor of the New York trade magazine Rapaport Diamond Report) traces the diamond frenzy that struck Canada in the 1990s, his writing is as polished and fiery as when Kanfer re-created the machinations of Cecil Rhodes and Barney Barnato, the Romulus and Remus of the South African diamond cartel. But when the two mine the same territory, Hart's book looks like indicator minerals in comparison: Hart is less successful when he depicts De Beers's origins, the creation of the company's monopoly, and Ernest Oppenheimer, who turned De Beers into a profitable company. Hart, however, has a good eye for intriguing figures in the industry, including a part-wolf sled dog named Thor who was suspected of espionage. In the end, the author expertly takes readers into theft-riven African mines, the back rooms of Brazilian dealers, the polishing rooms in both midtown Manhattan and India's slums, and the sorting rooms in London. (Nov.)