Productive diamond mine found in Liaoning

Shenyang (CNS) – A mine with a reserve of about 1 million carats worth of diamonds has been found in Northeast China's Liaoning province, said director of Liaoning Geology and Mineral Resources Exploration Bureau Yu Wenli on January 11.

The prospecting team found a deposit of 130-meter thick Kimberley rock earlier in 2011, estimated to have formed in 400 million years ago. Later they assessed the rock and were surprised by the content: about 2.89 carats worth of diamonds were contained in nearly every cubic meter of Kimberley rock. It will take 30 years to mine all of the diamond deposit.

The newly found diamond mine is the biggest one found in the past three decades in China. It is estimated to be worth over billions yuan.

A smaller diamond reserve was found in 2010, just 50 km from this new one.