ST Alpha - "the mine that supplied 90% of the world's coloured diamonds stopped production today after 37 years. " (Reading a Post)

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the mine that supplied 90% of the world's coloured diamonds stopped production today after 37 years.

Posted by mafic Nov 3 '20, 17:29

the world's largest known diamond reserve is probably their tailings.

Responses:

Is there a shortage or are there tons in vaults waiting to be released? -- nm - jnine Nov 3, 17:31 4
- kind of unknown, but I tend to think the latter. they don't release production figures on the special stones, but overall they've - mafic Nov 3, 17:39
- Perhaps synthetic diamonds are hurting the market. -- nm - colin Nov 3, 17:36 2
  - not to a great extent, at least not yet. more that they're just out of ore. they went from pit to underground a few years ago, and kind of botched it. -- nm - mafic Nov 3, 17:44 1
    - Ah interesting. I've seen a lot of ads recently for the natural diamond industry, wondered if pressure was on. -- nm - colin Nov 3, 17:53

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