Ch. 17: The Diamond Market

Ch. 17: The Diamond Market Page of 396 Ch. 17: The Diamond Market Text size:minus plus Restore normal size   Mail page  Print this page
164 THE DIAMOND MINES OF SOUTH AFRICA
diamonds in Brazil for the year, estimated at 40,000 carats, is at present insignificant. . . . The most important diamond dis­tricts in Brazil are Diamantina, Grao Mogul, Chapada Diaman-tina, Bagagem, Goyaz, and Matto Grosso."
India. In the same report the quantity of diamonds pro­duced in India for 1898 is given at 170 carats, valued at 10,873 rupees, and for 1899, 124 carats, valued at 8011 rupees.
New South Wales. The existence of diamonds in New South Wales was made known as early as 1859, by Rev. B. W. Clarke, who received in that year several specimens from the Macqua-rie River, Burrendong, and Pyramul and Calabash Creeks. It was not, however, until the rush for the gold diggings, seven or eight years later, that any considerable number of diamonds was found, when the gold digging along the Cudgegong River, about nineteen miles northwest of Mudgee, brought to light diamonds in an old river drift, generally covered with a layer of basalt.
The diamonds were sparsely distributed through the gravel, and were usually small, the largest of the stones, a colorless octahedron, weighing only 5-5/8 carats. Later, other diamond fields were opened near Bingera, on the river Hoclon, and in the tin-mining districts near Inverell. The diamonds occur in alluvial gravel wash in the beds of ancient rivers. This gravel carries tin ore or gold in places, and usually one or both of these are won with the diamonds. These ancient river channels resemble those in California, in which diamonds were occasionally found with the gold. Many of these rivers lie buried beneath lava hundreds of feet thick, and the diamonds are won by driv­ing long tunnels and drifting out the gravel lying on the bed rock.
Dr. C. Le Neve Foster gives the production in New South Wales for 1898 as 16,493 carats, valued at £6060, and for 1899, 25,874 carats, valued at £10,350. These figures give an average value per carat of seven shillings and four pence and eight shillings respectively, as compared with forty shillings per carat for De Beers and Kimberley mines.
Borneo. The estimated production of diamonds in Western Borneo was 1190 carats for 1897, and 1950 carats for 1898.
Ch. 17: The Diamond Market Page of 396 Ch. 17: The Diamond Market
Suggested Illustrations
Other Chapters you may find useful
Other Books on this topic
bullet Tag
This Page