• Short Summary

    KUNUNURRA, WESTERN AUSTRALIA

    An estimate of up to 12,500 million Australian dollars (approx.

  • Description

    1. AV Hilly bushland surrounding Argyle diamond mine. 0.24
    2. GVs Mobile mechanical drill at work. (3 SHOTS) 0.47
    3. SVs Workers extracting sample core from drill. (3 SHOTS) 1.01
    4. GV Conveyor belt taking diamond bearing rock to washer. 1.08
    5. SVs Rock being washed and tipped to sorting area, sorting belt in operation. (5 SHOTS) 1.32
    6. SVs Uncut diamonds being sorted from rock. (4 SHOTS) 1.50
    7. CU Diamonds surrounding Australian ten cent coin to show size. 2.00
    8. CU Comparison of diamonds with matchhead. 2.07
    InitialsRdeL/JRS


    Script is copyright Reuters Limited. All rights reserved

    Background: KUNUNURRA, WESTERN AUSTRALIA

    An estimate of up to 12,500 million Australian dollars (approx. 11,500 million US dollars) has been put on a diamond seam in the remote Kimberley area of Western Australia's north-west. Known as the Argyle deposit, it is believed so rich the find could outshine those in Africa. These rocky hills near the outback township of Kununurra, were once the home only for poisonous snakes and wild donkeys -- until prospectors started moving in two years ago (1980), lured by rumours of big gem finds. The latest reports from the venture say that drilling to a depth of 365 metres (1,200 feet) could realize a potential of 800 million carats. Industrial analysts convert this figure to as much as five per cent of the world's known gem-quality diamonds, and at least 50 per cent of the world's industrial stones. This is why the Kimberley diamonds are generally small and of unpopular colour, yellow running through to brown and often marred by black specks of carbon. Although De Beers in South Africa controls the marketing of 70 per cent of the world's diamond production, Australia is about to leap into the market place with its output from the Argyle mine and the 1,200 new sites staked out so far this year in the region.

    Source: CHANNEL SEVEN NETWORK, AUSTRALIA (TVW7-PERTH)

  • Tags

  • Data

    Film ID:
    VLVA42Z51NTCVMW82EXSN2C2ZSWHQ
    Media URN:
    VLVA42Z51NTCVMW82EXSN2C2ZSWHQ
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    08/11/1982
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:02:08:00
    Time in/Out:
    /
    Canister:
    N/A

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