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.
Environment
Reuters exclusively reports Diamond giant De Beers hunts for treasure in Greenland’s waters
05 October 2021, 2:27 pm 1 minute
Article Tags
Topics of Interest: Environment
Type: Reuters Best
Sectors: Equities
Regions: North America
Countries: Greenland
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story