Video: Gold mining faces a cliff after 2025, CRU analyst predicts
Global gold production will peak at about 3,250 tonnes (105 million oz.) next year, according to CRU's Oliver Blagden.
Michael Dettlaff, a 12-year-old North Carolina boy on vacation with his family in Arkansas, made an unexpected discovery at the Crater of Diamonds State Park.
The boy, reports ABC News, found a 5.16-carat honey-brown diamond, which is the 27th largest precious gem found by a park visitor since the site opened in 1972.
According to Park officials, the gem is about the size of a jellybean and is the 328th diamond found by a visitor this year.
Dettlaff has reportedly named the large gem “God’s Glory Diamond.”
If it can be cut and polished, the stone would be worth between $12,000 and $15,000.
Watch the story below:
6 Comments
alan
Gods glory diamond is a brown piece of garbage
Mark S
They told him it is worth 12-15,000, why would they lie to him? If it were a brilliant white 5 carat stone it would be worth far more than that. And even if it were only 5 carats of industrial grade crumbs it would be worth way more than garbage.
Jose
I think your negative comments should be kept to yourself – let the boy be happy with his findings. Like he said – if he can sell it, he will; and if not it makes a great souvenir!
SAFEantivirusAndroid
good one kid! get back out there and find a few more! cheers
Lethoba
Mike Alan must be a very poor person in body and soul, he hates diamonds, he thinks those who have them think they have more money. Mike go find your life somewhere else
Onemoretimeagain
Instead of trying to tear down the kid and or his diamond the rest of us will celebrate the kids luck and his joy of discovery. Hope he has many more.