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

Last Updated on 13/10/2021 by


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.

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

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