ND State Geologists Anticipate Diamond Exploration

The Street reported that an international mining company searched for diamonds in a bean field near St. Thomas in North Dakota and came up empty but state geologists say it will pave the way for more diamond explorations.

As quoted in the market news:

Geologists believe North Dakota has potential for diamond mining because rock formations in the eastern part of the state mirror those in diamond-producing regions of Canada, which now has the only diamond mines operating in North America.

“There are geologic factors that indicate we could have diamond deposits,” said Timothy Nesheim, a state geologist.

Click here to read the full The Street report.