Russia reveals massive diamond deposit.

[Donerail]

http://www.csmonitor.com/World/Global-News/2012/0917/Russia-reveals-shiny-state-secret-It-s-awash-in-diamonds

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Thoughts?

[Middle-aged Europe]

http://www.youtube.com/watch?v=bHmzwZ8h9oc

[True Federalist (진정한 연방 주의자)]

There's no indication that these are gemstone quality diamonds, but then the dirty little secret is that those aren't where the most money is to be made from diamonds.

[Platypus]

ok, so Russia has the Diamonds, Canada has the Oil, Bolivia has the Lithium and Australia has the Uranium.

Screw the bricks, bring on the CRABs!

[Zioneer]

ok, so Russia has the Diamonds, Canada has the Oil, Bolivia has the Lithium and Australia has the Uranium.

Screw the bricks, bring on the CRABs!

Does Brazil have anything of interest along those lines?

[opebo]

ok, so Russia has the Diamonds, Canada has the Oil, Bolivia has the Lithium and Australia has the Uranium.

Screw the bricks, bring on the CRABs!

Does Brazil have anything of interest along those lines?

Bunda?

[mubar]

There's no indication that these are gemstone quality diamonds, but then the dirty little secret is that those aren't where the most money is to be made from diamonds.

Indeed all the reports are saying that these diamonds are extremely hard, making them ideal for industrial use. And yes, industry is the big diamond market. For gemstone markets this will have little effect.

[dead0man]

I'm not normally much of a bleeding heart, but I do think anybody that wears (or buys) diamonds is a sh**t head.