Bulgaria isn’t generally known for its rich mineral deposits – there’s some coal, but not much, copper and zinc, manganese, iron ore, as well as a couple of lead and uranium mines, but they were closed down a while ago. Oh, and some deposits of gold, that precious metal frequently found alongside copper and processed under a handful of concession agreements granted to foreign companies. But none of that makes our country a producer of precious metals on any kind of industrial scale. Yet now the news has broken that diamonds have been discovered in Bulgaria.
Of course they’re not the type said to be a girl’s best friend, but a couple of miniature specks and flakes which, as if adding insult to injury, don’t even sparkle, but are black. They were found a year ago in the Rhodope Mountains by Professor Rangel Gurov from the New Bulgarian University, but he’s only telling people about them now. Diamonds are normally contained in kimberlite, an igneous rock, that isn’t found in Bulgaria. But the scientist found precious diamond flecks in eclogite rocks in the Rhodope Mountains.
The question, however, is whether the same rock formations also contain real diamonds, the type that can be weighed in carats? So far, no-one has been able to say for sure, despite all the stories and people talking about larger gemstones having been discovered in the past. Here, though, it’s important to listen carefully to precisely what the university professor has to say, as he very clearly stresses the fact that the real value in diamonds doesn’t come from individual large stones, but from the diamond particles which make up ninety five per cent of all mined diamonds around the world. These particles are mainly used in industry. As well as featuring in cutting tools in the metal-working industry and for drilling, diamond particles are used in a number of space and military technologies, the scientist explains. And the rock – eclogite – which the diamonds were discovered in, is itself exceptionally hard and can be used in different grinding processes, Rangel Gurov adds.
It’s still far too early to judge whether there’s an economic case for investing in the exploration and exploitation of diamond reserves in Bulgaria. For the moment it appears more realistic and promising to examine what opportunities there are for people to find gold. But if the researchers continue their work and confirm the presence of significant diamond deposits in Bulgaria, business certainly won’t let the opportunity pass by without making the sort of investments needed to trigger a genuine diamond rush.
English: Christopher Pavis
The liquefied natural gas (LNG) terminal at Alexandroupolis, of which Bulgaria is co-shareholder, is already contributing to competitiveness in Greece and Bulgaria, but also in the entire region, said caretaker Energy Minister Vladimir Malinov after..
At a meeting with the ambassador of Japan to Bulgaria Hisashi Michigami, Bulgarian President Rumen Radev welcomed the interest by the Japanese side in the investment and trade potential of Bulgaria. The meeting was attended by proprietors and..
Bulgaria is going to the sixth early parliamentary elections in less than 4 years, and this hinders the constructive debate and the ratification of an important convention prepared by the International Labor Organization (ILO) and accepted by 44 countries..
Bulgargaz has reported record interest in its tender for the supply of LNG to the Alexandroupolis terminal for January and February 2025. All..
+359 2 9336 661