In the near term, I don't believe I'd be investing in diamonds!

DeepseekerADS

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'Quadrillion' tons of diamonds discovered deep below Earth's surface | Fox News

By Jennifer Earl | Fox News

A team of scientists made an enormous discovery when they recently uncovered a "quadrillion" tons of diamonds buried more than 100 miles below Earth's surface, according to a new study.

Researchers from the Massachusetts Institute of Technology (MIT), Harvard, the Carnegie Institution of Washington and several other universities used seismic devices to measure the speed of sound waves traveling through the Earth's crust.

"Sound waves move at various speeds through the Earth, depending on the temperature, density, and composition of the rocks through which they travel," MIT explained in a news release. "Scientists have used this relationship between seismic velocity and rock composition to estimate the types of rocks that make up the Earth’s crust and parts of the upper mantle, also known as the lithosphere."

The scientists noticed a sudden spike in seismic speeds toward the bottom of 200-mile cratons, or sections of rocks found "beneath the center of most continental tectonic plates." In order to find out what was causing the sound waves to speed up, the researchers conducted several tests on various rocks and minerals.

"Only one type of rock produced the same velocities as what the seismologists measured: one that contains 1 to 2 percent diamond," the scientists explained in the study.

Therefore, scientists believe it's safe to conclude diamonds make up the bottom of cratons. They estimate there are about a quadrillion tons wedged inside the ancient rocks.

“[Cratons] are like pieces of wood, floating on water,” Ulrich Faul, a research scientist in MIT’s Department of Earth, Atmospheric, and Planetary Sciences, said in an online statement. “Cratons are a tiny bit less dense than their surroundings, so they don’t get subducted back into the Earth but stay floating on the surface.

The diamonds help keep the miles-long rock formations stable.

Unfortunately, there's no way to access the gemstones — as drills are unable to dig 200 miles into the Earth's crust. But researchers say it proves diamonds aren't as rare as we once thought.

“This shows that diamond is not perhaps this exotic mineral, but on the [geological] scale of things, it’s relatively common. We can’t get at them, but still, there is much more diamond there than we have ever thought before," said Faul, clarifying there's about 1,000 times more diamonds in the world than initially predicted.
 

Interesting post. DeBeers, and other diamond syndicates, keep the majority of gem quality diamonds that are mined, in vaults. Hoarding them, and not releasing them into circulation, keeps the price artificially inflated. There are literally tons of them stashed away. They aren't that rare anymore. Colored gem quality stones ( emerald, ruby, sapphire, and many lesser known stones) are truly rare.
 

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I've been telling my friends this for years. *sigh* that no one ever listens to me.:coffee2:
 

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And there are the synthetic ones. Awhile back I saw De Beers was laser etching to ID their diamonds so the systhtic's can be known.
My understanding is that whole stars at a stage can be a diamond.
There might be tons of diamonds but how many are near perfect? Color, carat, cut. That's where the value is.
Did you ever see that rock on Liz Taylor's finger?
Lots of gem stones are inexpensive but not great stones. I have seen catalogs of cheap stones of nearly all kinds. None really rare. Rio Grande, the jewelry wholesaler, has lots. Fine stones are another matter.
 

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Riding my bicycle 100 miles is an effort. I don't want to think about digging that far.
 

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