Articles Tagged "canada"

Diamond Companies Globally Face Tax Code Changes

As the diamond market slowly returns to pre-crash levels companies looking to increase profitability are calling upon their countries to change tax codes to be more favorable to the diamond market. Other countries that are looking to capitalize on mineral wealth are imposing new tax regulations on mining operations to benefit their nations.

DIL has struck a deal to directly procure diamonds from Nambia

Diamond India recently struck a deal with a miner in Namibia, to directly source diamonds, establishing the first ever such deal in India. DIL is the Indian consortium made up of 60 large and medium sized diamond exporters of the country, who would previously purchased diamonds from Antwerp; Antwerp would source the diamonds from Russia, [...]

Orion South declared diamond results

George H. Read, P. Geo., Senior Vice President Exploration and Development declared the eighth, and final, set of diamond results from underground bulk sampling of the Orion South Kimberlite, within the Fort à la Corne Joint Venture where Shore is the operator with a 60 percent interest and Newmont Mining Corporation of Canada Limited has [...]