The Gemstone Blog – Tagged "Exploration" – GemSelect AU
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The Gemstone Blog — Exploration

Finding Diamonds

Posted by MICHAEL Hart on

Finding Diamonds

Exploring for Diamonds takes extensive amounts of time, expertise and investment. An example of this is the Argyle mine in Australia that took $12 million and 8 years of exploration to find. It then took a further $420 million to start producing. Besides the investment there are Political, environmental and many times, Geographical issues to deal with. To put it simply, it’s not a cheap exercise.  Exploration companies use a mixture of Aerial surveys, and radar to locate the Kimberlite pipes where diamonds are found. There are literally 1000’s of deposits worldwide that have been located, however only a small percentage...

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