Breaking News

Russian Diamond Mother Lode: Ten Times Bigger than Current Market
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

History is full of quirks. The “promised land” regions of the middle east, which was less milk and honey than sand and desert, turned out to have large deposits of oil underneath it, and now in the barren region of Eastern Siberia, a country known for its penal colonies, it has been revealed that Soviets in the 1970s discovered a 35-million-year-old 62-mile diameter asteroid crater. This is the motherload, more diamonds than anybody dreamed of — ten times as many as we now have.

“The reserves of super hard diamonds contained in rocks of the Popigai crypto-explosion structure are, by a factor of 10, bigger than the world’s all known reserves,” said Mr. Pokhilenko. “We are speaking of trillions of carats. By comparison, present-day known reserves in Yakutia are estimated at 1 billion carats.”

The Yakutia mines were the reason Russian scientists were barred from revealing the secret — Russia didn’t want to upset operations there, which were already dominating the market. The new megaload was simply left to rest.


The new diamonds were either present in the meteorite to begin with, or created by high impact of the meteorite with graphite deposits. Whether they are “impact diamonds” or “space diamonds,” they are twice as hard as regular diamonds, making them especially ideal for the growing market of industrial diamonds for scientific cutting and industrial use.

It is projected that this mine could dominate the diamond market for the next 3,000 year.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!


Interesting Legal Sites You May Like




Search Now

Business Litigation Attorney

USA-CA-Santa Monica

Santa Monica office of our client seeks business litigation attorney with 1-3 years of experience. T...

Apply Now

Intellectual Property Litigation / Enforcement Associate Attorney

USA-CA-San Francisco

San Francisco office of our client seeks intellectual property litigation / enforcement associate at...

Apply Now

Corporate Attorney

USA-CA-Menlo Park

Menlo Park office of sophisticated boutique firm is seeking a corporate attorney with experience in ...

Apply Now

Mid-level Computer Science Patent Attorney

USA-CA-San Francisco

San Francisco office of our client seeks mid-level patent attorney with 3-5 years of intellectual pr...

Apply Now


Corporate / Commercial Attorney | Lebanon, NH


Downs Rachlin Martin PLLC seeks an experienced corporate / commercial attorney to join its Lebanon o...

Apply now

Executive Assistant / Office Administrator


If you have administrative support experience in the legal industry, or even paralegal expertise,...

Apply now

Associate - Mid-Level - GL Group


Defense firm seeking mid-level associate for Westchester office to fill General Liability position. ...

Apply now

Litigation paralegal


We are looking to immediately hire a responsible, highly organized, self-motivated litigation parale...

Apply now


To Top