Breaking News

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

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.

  
What
Where


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!!






 

RELEVANT JOBS

Immigration Attorney

USA-VA-Alexandria

Full-time Contract Attorney for Hispanic Non-profit Organization in Alexandria, Virginia. Immigratio...

Apply now

Legal Secretary - Corporate / Transactional

USA-CA-San Luis Obispo

Thriving law practice with offices in San Luis Obispo and Paso Robles seeks a full-time legal secret...

Apply now

Attorney

USA-AZ-Scottsdale

Full Job Description The ideal candidate will possess the following: 1-5 years of litigation e...

Apply now

Legal Assistant / Paralegal

USA-FL-Miami

Zarco Einhorn Salkowski & Brito, P.A. Franchise/Complex Commercial Litigation AV Rated Law Firm is ...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Mid-level Corporate Associate Attorney

USA-MA-Boston

Boston office of a BCG Attorney Search Top Ranked Law Firm seeks mid-level corporate associate attor...

Apply Now

Workers Compensation Defense Attorney

USA-CA-San Francisco

San Francisco office of a BCG Attorney Search Top Ranked Law Firm seeks workers compensation defense...

Apply Now

Workers Compensation Defense Attorney-Subrogation

USA-CA-Oakland

Oakland office of a BCG Attorney Search Top Ranked Law Firm seeks workers compensation defense attor...

Apply Now

SEARCH IN ARCHIVE

To Top