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Gamerace said:
Except these are lower class diamonds not what would be used for commercial sale.

The great majority of diamonds mined are destined for industrial use already anyways. Most likely the article mentioned it as a disclaimer for those believing the russians have an endless suply of jewels at hand.

Still this could be an extremely powerful economic weapon. Full-scale mining could make a market worth billions collapse. Hey, it could end the blood diamond conflicts in Africa.