Chad Johnson, who moved to Murfreesboro in February, nearly tossed a 4.38 carat, tea colored diamond. Johnson stowed his equipment after a weekend of sifting for diamonds and didn’t notice the cube shaped diamond until Monday.
The diamond, making approximately 80 that he has found since moving to Arkansas, is the second largest found this year. [...]

An independent valuation of a bulk sample of diamonds dug from the Renard project, owned by Stornoway Diamond Corp., said most of the gems could be worth more than $100 (U.S.) a carat.
Eira Thomas, Stornoway’s chief executive officer, said the valuation of the bulk sample marks a key milestone for Renard, which is believed [...]

The hunt for diamonds in Australia has plummeted, despite a world shortage, and increasing prices. It is thought just five companies are actively looking for diamonds, although Australian explorers are flocking overseas to look in Africa and elsewhere.
Dr Kevin Wills, from Flinders Diamonds, says part of the problem is government red tape, and a lack [...]