video Why Australian black opal is one of the most expensive gemstones in the world

Lightning Ridge is a small mining town outside of New South Wales, Australia renowned for its black opal, which can sell for over $10,000 per carat. But even for an expert miner, finding high-quality black opal isn’t easy. After investing tens of thousands of dollars, a miner might not find a single gem. But as soon as a gem quality black opal is found, opal cutters know they have a buyer for it. That exclusivity, and black opal’s unique colors, make it one of the most expensive gemstones in the world.

JOIN OUR PULSE COMMUNITY!

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.com.gh