Australian Scientists Make Diamonds in Minutes in Lab

An employee displays a 5.16 carat pear shaped fancy vivid blue diamond ring at Sotheby's on March 8, 2010 in London, England. Peter Macdiarmid/Getty Images

The billion-year wait for the perfect sparkler is over after an Australian-led scientific team discovered how to make diamonds in minutes.

The process is thought to take an age, huge amounts of pressure and super-hot temperatures, hundreds of kilometres beneath the earth’s crust.