GITNUX MARKETDATA REPORT 2024

Diamond Formation Timeline Statistics

Diamond formation can take anywhere from 1 billion to 3.3 billion years, with the majority of diamonds forming between 1 to 3 billion years ago.

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"CVD (Chemical Vapor Deposition) synthetic diamonds can also be produced in just a few days to weeks, depending on the size and quality."

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"Diamonds that make it to the Earth's surface are at least 1 billion years old and can be over 3 billion years old."

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"Carbon crystals requiring over 725,000 pounds per square inch and temperatures exceeding 1,200 degrees Celsius are the primary condition for natural diamond formation."

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"Soviet scientists pioneered the first man-made diamonds in the 1950s, which later evolved into today's HTPT and CVD diamond synthesis techniques."

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"About 20-30% of industrial diamonds are now synthetic, given their technological advancements."

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"Microdiamonds found in ophiolites (ancient oceanic crust) provide evidence of diamond formation at relatively shallow depths."

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"The majority of natural diamonds formed between 1 billion and 3.5 billion years ago."

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"High-pressure, high-temperature synthetic diamonds (HPHT) can form within days to weeks in laboratory conditions."

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"Australia’s Argyle diamond mine is known for its production of rare pink and red diamonds, formed more than 1.6 billion years ago."

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"Subduction zones, where tectonic plates converge, are another potential environment for diamonds to form due to the extreme pressure conditions."

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"About 98% of diamonds are formed in a period of high-pressure carbon crystallization deep within the Earth’s mantle."

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"Approximately 25% of the world’s diamonds are sourced from kimberlite and lamproite volcanic eruptions."

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"Natural diamond formation typically occurs under high-pressure, high-temperature conditions that exist at depths of 140 to 190 kilometers in the Earth's mantle."

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"Diamonds can also form in impact sites where meteors strike the Earth, instantly applying high pressure and heat."

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"The crystallization process in synthetic diamond formation is similar to natural conditions but highly accelerated and controlled."

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"The process of diamond formation underground can take from 1 billion to 3.3 billion years."

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"Superdeep diamonds, which form at depths of 360-750 kilometers, suggest that the Earth’s mantle is more heterogeneous than previously believed."

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"30% of the world's annual diamond production comes from Africa, where unique geologic formations have facilitated diamond formation over billions of years."

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"Around the world, the oldest known diamond-bearing rock is about 3.3 billion years old."

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"The Kimberlite pipes, which are volcanic-origin conduits, bring diamonds closer to the Earth’s surface, often at a rate of 20-30 times within a minute due to the high-speed eruption."

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