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new Diamond Reserves in Russia are 10 times bigger than global Reserves

senheiser

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Russia diamonds: Source under Siberian asteroid crater could supply world markets for the next 3,000 years | Mail Online

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Women's best friend!

The stones are big (first pic); their colour are good and look rather clear. Beautiful!
 
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This wont make you rich, in fact it would only destroy the diamond market with hyper inflation if it's true. Basic economics: more wealth is not the answer.
 
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Women's best friend!

The stones are big (first pic); their colour are good and look rather clear. Beautiful!

those diamonds are unprocessed... so they are not crystal clear.... lol.... bigger than global reserves... hmmm that is huge...
 
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those diamonds are unprocessed... so they are not crystal clear.... lol.... bigger than global reserves... hmmm that is huge...

of course
no need to point out what is so obvious! they'll be big even after cutting
 
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a perfect 10-carat loose diamond (after cutting) could fetch over USD 100,000 apiece

some of those showing in the pics have the sizes of over 20 carats!
 
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Sorry to be a party pooper, but the world was never running short of diamonds.

The price of diamonds is inflated due to cartelization by deebeers. They control most of diamond mines and does not release diamonds in market to inflate price by a factor of thousand.

HowStuffWorks "Diamond Marketing"

DIAMOND BUSINESS AND THE WORLD DIAMOND MARKET - World Topics | Facts and Details

Diamonds aren’t as rare as many people think. About 35,000 kilograms of them were mined worldwide in 2006. They are deemed valuable because people regard them as valuable and supplies are carefully controlled so the market doesn’t collapse.
 
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