Russia to continue buying diamonds through state fund in 2025
The Russian budget for 2025-2027 has set aside $1.55 billion for the purchase of precious metals and gems.
Incredible work goes into retrieving diamonds before they arrive in your local store.
They originated from kimberlite pipes. The last kimberlite eruption occurred over 25 million years ago. Alluvial mining is a less common method for mining diamonds. Rather pipe mining is a more popular and efficient. The differences between the two are interesting.
