The troubled international body charged with handling the prevention of sales of blood diamonds has a new chairman. The United States has appointed career diplomat Gillian Milovanovic to take the chair of the Kimberly Process.
Canada-based junior resource company, Lions Gate Metals has declared the results of 3 additional holes from 29 holes, 10,913.93 m, diamond drill project located at the Poplar Copper-Gold-Silver Porphyry Property.
The Steinmetz Diamond Group of Companies is looking to float its diamond mine in Sierra Leone on the Hong Kong Stock Exchange.
Diamonds are formed in the magma that is present deep inside the Earth. Then how do they get to the surface of the planet to a depth where miners can easily harvest them? That is what the researchers at the University of British Columbia in Vancouver tried to find out.
Zambia is looking to realise greater profits from its mining industry. The Mines Minister Wilbur Simuusa was speaking to mine supplier and contractors at the Chingola mine club when he said that in terms of mineral resources they were the richest nation and yet they were counted amongst the poorest nations in the world.
The largest deposit of diamonds in Asia has been discovered in the Liaoning province in China. The mine in the Wafandgdian district near the city of Dalian is expected to hold one million carats of diamonds. It was discovered last year.
Diamonds are not forever, at least not for BHP Billiton. The mining giant has decided to sell its stake in one of two diamond mining operations it is involved with in Canada.
Is President Mugabe using the blood diamonds profits to stick on to power in Zimbabwe? The dismal failure of the Kimberley Process to regulate the sale of conflict diamonds begs this question as environmentalists and human rights activists criticize the situation.
The United States of America has added a couple more mining companies from Zimbabwe to its sanctions list. The Department of the Treasury stated that Mbada Diamonds and Marange Resources had been placed on its list of sanctioned entities on Monday.
Global Witness has decided to depart from the Kimberely Process. The human rights watchdog made the decision on Monday and cited an outdated approach by the program to certify diamond exports as the reason for this decision.
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