Diamonds on the Rise

“Marine Mining” gained more and more importance in the promotion of diamonds and gold

Diamonds on the Rise

The so-called “marine mining” is a more and more common method of extraction of diamonds and gold. Here the sea floor is systemathisch search for diamonds and finds are dismantled. At the time this is used primarily in Namibia and South Africa, but due to the fact that conventional methods such as the mining can no longer achieve the desired flow rates, “Marine Mining” sea mining moves increasingly into focus.

Many mining companies are already working at capacity and can no longer serve the desired quantities of diamonds. Also, it is almost aussichslos to discover still unexhausted mines with large amounts of diamonds in the next few years.

In addition to large international companies, there are also some small specialist in the field of underwater diamond mining (“marine mining”), which play an important role: the South African company Panda Navy, for example, that about 118 square kilometers of concession for diamonds from the sea to the coast of South Africa has. The diamonds in this area were washed over the course of millions of years old river systems on the Mainland and have been applied on the seabed. There is still a considerable amount of reserves of diamonds off the coast of South Africa. Particularly of advantage, the underwater diamond extraction is “Marine mining” due to lower fixed costs and their environmental friendliness.
Russia is considered biggest funding on the international market of rough diamonds at the time with 29%, closely followed by Botswana with 17%. South Africa is only still on rank 6 with less than 7%. But the new mining methods of diamonds the country tries to regain its supremacy.
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