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Author Topic: Trillions of Carats of (Industrial) Diamonds in Russia?  (Read 603 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.

Quote
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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