Reuters exclusively reports Diamond giant De Beers hunts for treasure in Greenland’s waters

Reuters reported exclusively that mining giant De Beers has commissioned a survey of the ocean floor off Greenland’s coast in […] The post Reuters exclusively reports Diamond giant De Beers hunts for treasure in Greenland’s waters appeared first on Reuters News Agency.

Reuters exclusively reports Diamond giant De Beers hunts for treasure in Greenland’s waters

Reuters reported exclusively that mining giant De Beers has commissioned a survey of the ocean floor off Greenland’s coast in a first step to determine whether it could hold deposits of highly-prized marine diamonds. Deposits of diamonds, created under high pressure in volcanoes, are known to be present onshore in west Greenland. Offshore diamonds are generally of higher quality and command a higher price because any gems with flaws tend not to survive the journey out to sea.

The post Reuters exclusively reports Diamond giant De Beers hunts for treasure in Greenland’s waters appeared first on Reuters News Agency.