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Author Topic: Trillions of Carats of (Industrial) Diamonds in Russia?  (Read 688 times)

RandallS

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Trillions of Carats of (Industrial) Diamonds in Russia?
« on: September 21, 2012, 07:06:42 pm »
If this is correct, this will be great news -- a lot of industrial and technological equipment needs diamonds. And no, it should not devalue jewelry quality diamonds.

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The Siberian branch of Russian Academy of Sciences said that the Popigai  crater in eastern Siberia contains “many trillions of carats” of  “impact diamonds” — good for technological purposes, not for jewelry,  and far exceeding the currently known global deposits of conventional  diamonds.

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Melamphoros

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Re: Trillions of Carats of (Industrial) Diamonds in Russia?
« Reply #1 on: September 21, 2012, 07:24:35 pm »
Quote from: RandallS;74712
And no, it should not devalue jewelry quality diamonds.

 
Given how the price of jewelry-quality diamonds is already artificially inflated, I doubt it would change much anyway.


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Dragonoake

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Re: Trillions of Carats of (Industrial) Diamonds in Russia?
« Reply #2 on: October 09, 2012, 01:23:12 pm »
Quote from: RandallS;74712
And no, it should not devalue jewelry quality diamonds.


My understanding is that impact diamonds are more like dust or sand than stones

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