Russia Unveils Massive Diamond Field

The Street reported Russian scientists are claiming that a gigantic deposit of industrial diamonds found in a huge Siberian meteorite crater during Soviet times could revolutionize the industry.

As quoted in the market news:

The Siberian branch of Russian Academy of Sciences said that the Popigai crater in eastern Siberia contains “many trillions of carats” of so-called “impact diamonds”  good for technological purposes, not for jewelry, and far exceeding the currently known global deposits of conventional diamonds.

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