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Diamonds All Over the World
Researchers have published evidence that diamonds may exist in Antarctica due to the presence of kimberlites in the eastern part of the continent. The findings, which were published in Nature Communications, imply that diamonds could now be found on every continent. 120-Million-Year-Old Kimberlites Kimberlites are formed between 100 and 300 miles beneath the [...]
Investors Clamor for Large and Colored Diamonds
In 2005, jeweler Laurence Graff purchased a 50.01-carat diamond for $4.2 million. He then sold it, but when the gem went on the market again in 2012, Graff had to pay $8.4 million to get it back. The fact that the price of an individual stone doubled over the course of 7 years speaks to [...]
It’s Raining Diamonds
photo via Flickr Or rather, it would be if we were on Jupiter or Saturn. A pair of scientists recently announced that the two planets could be producing as many as 10 million tons of diamonds. They believe that large chunks of the precious stone are floating in the planets’ atmospheres and that, at [...]
