Russian Diamonds

Diamonds are not traditionally associated with countries such as Russia . This is because even though Russia is one of the richest diamond country in the world to begin the Russian diamond mining only fifty years ago.

The reason is the cold climate in Russia, combined with the fact that most diamonds are in the northern part of Russia are - which is also the coldest part of Russia . Russian winter in permafrost for much of northern Russia means that it is incredibly difficult , inexpensive diamond mines. Moreover, in a country where communism has decided there was little demand for capitalist symbols like diamonds !

All that changed , however, when in 1950 the Soviet government had recognized that other diamonds as decoration applications. Hardness them perfect for tools such as drills choice, for example . The Soviet army also identifies applications of diamonds in the arms and later the Soviet space program has also identified a use for diamonds. This means that diamonds suddenly useful for the Soviets.

The first major diamond mine in Russia was founded in Yakutia , Siberia, in 1955 , after geologists Yuri Khabardin found deposits of kimberlite pipes near a small village called Mirny . Since the Soviet Union never half measures , Mirny Mine was the largest diamond mine in the world.

And the production of industrial diamonds for the Soviet industry, she has also produced diamonds gem quality , and it was seen not much of a leap for the government that he could make a nice profit if he sells the diamonds to consumers in other countries more aware mode. De Beers was approached to be the mediator , and a settlement made ​​quickly in order to enable them to create Soviet diamonds in the world .

 De Beers , of course, did not want the world to know that they are dealing with the Soviet government , if the transaction was silent , and these diamonds were sold in secret to the world market. It is only when the amount of diamonds that De Beers began selling exceed noticed their levels of official production anyone this secret agreement !

Today, the new capitalist Russia is selling diamonds on the open market. This is still one of the largest diamond producer in the world - last year it has sold more than 1 billion worth of diamonds almost a quarter of all diamonds sold in the world this year . Strangely, however, that this Russia , things are never easy, and the Russian government has decided that it is a good idea to buy Russian diamonds diamonds Russian companies to support prices worldwide and now Russia has a huge diamond inventory.