UK 15:37 Sunday, 25 October 2026
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Karelian Diamond Resources (KDR) is celebrating the discovery of ‘a high concentration of indicator minerals’ at Riihivaara in eastern Finland, which the Dublin-based company claims should indicate the presence of a new kimberlitic diamond source in the Scandinavian country’s Kuhmo region. Chaired by veteran entrepreneur, medical academic and former Irish senator Professor Richard Conroy, Karelian says Riihavaara, where it has recovered the minerals in the form of G9 and G10 garnets, lies to the south-east of Seitapera, where it claims already to have outlined ‘the largest diamond-bearing kimberlite pipe to have been discovered in Finland to date’.
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