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Diamonds no longer forever

DIAMOND exploration has fallen over the past 10 years and the precious stone had lost its “flavour of the month” status, making it difficult for junior explorers to raise the necessary cash to make new discoveries, Flinders Diamonds managing director said.

MiningNews.Net

Diamonds no longer forever

Kevin Wills, who was part of CRA's (now Rio Tinto) diamond search in the 1970s, said today the resource boom had failed to flow into diamonds despite a shortage of the precious stone and gradually increasing...

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