How a Rogue Geologist Discovered Diamonds 237
prone2tech writes "Both NPR and Wired are running stories about how nearly two decades ago, a dogged, absentminded Canadian geologist named Charles Fipke who was practically down to his last nickel when he discovered diamonds in the Northwest Territories. Back then there was no such thing as a Canadian diamond, and today, Canada is the world's third-largest producer. The story behind the addition of Canada to the ranks of diamond-producing nations leads back to this one man. His discovery started the largest staking rush in North America since George Carmack found gold in the Klondike a century earlier."
Carbon (Score:5, Interesting)
Now we can make better diamonds than nature. I suggest we use use diamonds as carbon sequestering to prevent global warming! ;)
Chapter VII (Score:5, Interesting)
"That in some fields of his country there are certain shining stones of several colours, whereof the Yahoos are violently fond: and when part of these stones is fixed in the earth, as it sometimes happens, they will dig with their claws for whole days to get them out; then carry them away, and hide them by heaps in their kennels; but still looking round with great caution, for fear their comrades should find out their treasure." My master said, "he could never discover the reason of this unnatural appetite, or how these stones could be of any use to a Yahoo; but now he believed it might proceed from the same principle of avarice which I had ascribed to mankind. That he had once, by way of experiment, privately removed a heap of these stones from the place where one of his Yahoos had buried it; whereupon the sordid animal, missing his treasure, by his loud lamenting brought the whole herd to the place, there miserably howled, then fell to biting and tearing the rest, began to pine away, would neither eat, nor sleep, nor work, till he ordered a servant privately to convey the stones into the same hole, and hide them as before; which, when his Yahoo had found, he presently recovered his spirits and good humour, but took good care to remove them to a better hiding place, and has ever since been a very serviceable brute."
The usual shoddy reporting (Score:5, Interesting)
Seems a little unfair to call the guy a 'rogue' or 'absent minded'. He's an intelligent bloke who applied his knowledge and intellect to a problem, spent nearly a decade doing the necessary legwork, and eventually hit the big time when it all paid off. That's not 'rogue' behaviour, that's hard work. I'd have given up. Well done to him. He deserves it.
I agree wholeheartedly. This wasn't a get rich quick story. It was somebody who worked hard to become rich.
The story is actually more interesting than the Wired story says. For years geologists had been finding raw diamonds in the NWT, and had been going nuts trying to find where they were coming from. The real breakthrough was realising what a kimberlite pipe would look like out in the tundra, sorting out the geology that went along with it, then examining likely sites. Many of these are now well-known names, like Ekati and Diavik.
I too wish these folks well.
...laura
Multi-classing is overrated (Score:2, Interesting)
Re:Soon to be worthless (Score:3, Interesting)
I read an article recently about a new process to anneal diamonds to clarify them. They used to have to use high heat and pressure to produce clear diamonds, but now they can use microwave plasma. Since they don't have build the units to withstand high pressure, they can make them much larger at a far lower cost. Theoretically you could start producing football sized flawless diamonds. I can't find the original mainstream news article, but here's an more technical explanation of the process. http://ndnc.mingann.com/WWW/module/core/news/upload/126.pdf
Re:so buy her something genuinely rare (Score:2, Interesting)
Re:The usual shoddy reporting (Score:5, Interesting)
Have you ever read about how kimberlite tubes are probably formed? It sounds very exciting. [sciencedaily.com] The initial magma burst upwards is only hasty by geologic terms, but the final burst of gas and magma out of the surface of the earth is at supersonic velocities. People have claimed it's possible some of the material is moving at beyond escape velocity and gets shot into space.
So while I'd love to discover a kimberlite tube, I'd rather it wasn't on MY property.
Re:He's not really a rogue. (Score:5, Interesting)
He most certainly is rich.
There is a darker side of the Charles Fipke story. After the Ekati diamond mine [wikipedia.org] opened up, and he set himself up with a practically infinite supply of cash, he split from his wife Marlene, who had stuck by him while he worked from 8am to 3am seven days a week, in pursuit of his dream. In many ways she was his partner, working long hours helping analyze samples in the kitchen of their tiny apartment, while they were on the verge of being evicted due to non-payment of rent. Apparently their divorce settlement was the largest ever in Canada.
Also, right before he had his major breakthrough, he had a falling out with his long-time close friend and ally Stu Blusson, a helicopter pilot who had also worked very hard with Fipke, many times without pay.
To be fair, I don't know if it was the success, or something else, that drove apart Fipke and his wife. Divorce and separation are never simple. Just those little details made an impression on me, to see how one can enjoy massive material success yet still suffer in personal relationships.
Essentially, the guy is now filthy rich, surrounded by gorgeous women, doing whatever he wants. His latest project, if I'm not mistaken, is to find the biblical lost treasures of King Solomon.
An account of the whole story, beginning with Fipke's early days growing up in the Canadian prairies in Saskatchewan, can be found in the book Fire Into Ice [amazon.ca], by Vernon Frolick. It is a very entertaining read, even if the book is somewhat biased in favour of Fipke.
Re:I think... (Score:1, Interesting)
Re:And another northern neighbor . . . (Score:5, Interesting)
Years ago aluminum was more expensive than gold. The refining process was so difficult that, though aluminum was one of the most common metals, the yield was in grams. Then someone invented a new extraction process. Aluminum suddenly became cheap.
Carbon is not so rare. It may not happen soon, but there may be a time when common items such as ICs or even cell phones cases are made from diamonds. Instead of measuring by carat, they'll measure it by ounces or inches.
Re:He's not really a rogue. (Score:4, Interesting)
He recently donated $7 million [kelownadailycourier.ca] to UBC Okanagan. They asked for $5 million, but he wanted to make sure they had some of the best equipment available.
Fipke's daughter went to the same high school as I did, graduating the year ahead of me, a few years before his diamond discoveries made him famous. Back in grade 9, half of the guys in my class had a crush on her.
Re:Soon to be worthless (Score:5, Interesting)
DeBeers owns a Canadian mine already, Snap Lake. The other mines are pipes, and are being mined using open pits. Snap Lake is a dyke, and they are using conventional tunneling. Way less material to move, and less disturbance of the surrounding area.
I visited Snap Lake in 2000 to work on problems they were having with their wastewater treatment plant, before DeBeers bought Snap Lake. It was only in exploration phase, but when I arrived on site, I was given a form to sign. They are rather paranoid about theft, as the options given to me were to either sign the form and agree to be searched (up to and including a body cavity search), or take the next plane out.
They were still only in advanced exploration phase, but I was told to not look at or pick up rocks on the ground, or to take photos without authorization. I was told that the rules would get even tighter once they hit production.
I got up there in early August, just after black fly season ended. I was the only person who didn't have scabs all over from insect bites. There was still over 20 hours of daylight, and it was quite pretty, although it could be viewed as a bleak and barren landscape compared to the areas south of 60.
Diamonds are nearly worthless. (Score:3, Interesting)
There are enough companies that produce "industrial" diamonds for many uses. They can also produce diamonds the size of the largest found diamonds.
And they nowadays have such a high quality, that the sole thing that lets you detect the difference, is that natural diamonds have more errors in them.
Industrial diamonds cost next to nothing compared to natural diamonds. But De Beers & co want you to believe that natural diamonds are somewhat special, while even real natural diamonds are not that rare at all.
If you want to buy real rare stones as a gift, buy rubies, sapphires, emeralds, opals and the like. Or naturally colored diamonds (black, red maybe?). They are fuckin' expensive. But here it's because they are really rare.
I for one, do not buy something like that at all. There's no real value in rare stones for me, and if I don't want to sell them to someone who thinks they are valuable...
I like to buy personal gifts. And I like to only buy gifts, if the person does not expect a gift. Otherwise it's nothing special anymore.
Re:i don't get it (Score:2, Interesting)
Not only does the cartel get to arrange the pricing, but the distribution network is artificially limited also. Not to be anti-semitic, but I used to work in a Jewelry store in Massachusetts, and the owner told me that you had to be Jewish in order to be in the distribution chain. He told me that the only people allowed to train to cut large stones in New York are Hasidic Jews. Once past the initial wholesale level and moving toward retail, it apparently opens up some more. In fact, I bought my wife her first diamond at the diamond district in New York from a store run by some Lebanese friends of the family.
Re:Soon to be worthless (Score:3, Interesting)
My wife is quite aware that I would NEVER purchase a diamond. She liked the look, so we decided to get a moissanite. The difference in price was a 1 month long honeymoon in Bavaria.
What is now starting to bother me, is that I see moissanites being sold as 'almost diamonds' and at 75% of the price. The main reason I won't purchase a diamond, even a Canadian one, is that because it is the inflated prices that have allowed all the abuses to continue. Since the Canadian Diamonds are being sold at nearly an identical price point, I've no good words for them.
I thought it was a mortgage (Score:3, Interesting)
I thought the American dream was "get a mortgage and own property": they tried to make land-owner status accessible to everyone.
Re:Soon to be worthless (Score:3, Interesting)