Experts warn of brewing space mining war among US, China and Russia

It could take 'between five and 10 years' to clear the debts related to the mine.

The unusual gem found by Alrosa weighs 65.7 carats.

The Russian miner sees encouraging prospects from colourful diamonds, market in which it aims to become the world’s leader.

Diamond sales dropped by 44% year-on-year in the first month of 2019.

The white, makeable diamond is the largest found so far this year and follows the recovery of a 46-carat, gem quality white rock in December.

According to the industry group, such reform would encourage additional investment in capital and technology.

The resulting material is expected to be used in the maritime industry.

The company unearthed three of the 15 diamonds over 100 carats it found in 2018 in Q4, but carat recovery dropped by 17% to 29,523 ct in the period.

Highlights from the latest resource extension drill program include 11 metres grading 43.65 grams gold.