EXPLORATION & DEVELOPMENT

Diamond mine mooted for Qld junior

BRISBANE-based diamond explorer Diamonex is planning to become a diamond miner by as early as late 2006 if imminent results from a feasibility study at its Martin’s Drift project in Botswana prove positive.

Jesse Riseborough
Diamond mine mooted for Qld junior

Diamonex said the start-up cost for the mine, which has a three million carat resource, had been estimated to be around $US12-14 million, with plans afoot to construct a processing plant and bring the...

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