Monday, July 6, 2009

287:Not Jhonty

Cecil Rhodes, who fraudulently purchased _______ from the _______ brothers, got his start by renting water pumps to miners during the diamond rush that started in 1871, when a 83.5 carat diamond.He invested the profits of this operation into buying up claims of small mining operators, with his operations soon expanding into a separate mining company._______ Consolidated Mines was formed in 1888 by the merger of the companies of Barney Barnato and Cecil Rhodes, by which time the company was the sole owner of all diamond mining operations in the country.In 1889, Rhodes negotiated a strategic agreement with the London-based Diamond Syndicate, which agreed to purchase a fixed quantity of diamonds at an agreed price, thereby regulating output and maintaining prices.


Answer: DE BEERS .

Abhinav Mouli , Roshan, Anup , Saurabh A, Eldrich , Parag , Kuldeep, Aetos and
Raghav have cracked the answer.


We welcome Kuldeep to our blog.