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[31] [34] [9] Oppenheimer was very concerned about the discovery of diamonds in 1908 in German South West Africa, fearing that the increased supply would swamp the market and force prices down. [ 10 ] [ 11 ] Former CIA chief Admiral Stansfield Turner claimed that De Beers restricted US access to industrial diamonds needed for the country's war ...
Bakerville is a town in Ditsobotla Local Municipality in the North West province of South Africa. Located approximately 20 km north of Lichtenburg, it is a world-renowned diamond diggings, covering an area of more or less 35 km from east to west. Bakerville is on the Zeerust Road.
Despite declining production, South Africa's gold exports were valued at US$3.8 billion in 2005. [24] As of end-2018, South Africa had a potential 6000 tonnes of reserves. [25] In July 2018, the Mineral Council of South Africa announced that 75% of mines in South Africa were now unprofitable due to the declining gold reserves. [26]
The sixth-largest diamond in the world, the Jubilee, found at the Jagersfontein Mine. Jagersfontein Mine / ˌ j eɪ ɡ ər z ˈ f ɒ n t eɪ n / was an open-pit mine in South Africa , located close to the town of Jagersfontein and about 110 kilometres (68 miles) south-west of Bloemfontein .
The Diamond Trading Company (DTC) is the rough diamond sales and distribution arm of the De Beers Group. The DTC sorts, values and sells about 35% of the world’s rough diamonds by value. [ 1 ] The DTC has a combination of wholly owned and joint venture operations in South Africa (DBSSSA), Botswana (DTCB and DBGSS), and Namibia ( NDTC ).
The Gahcho Kue Diamond Mine Project is a Canadian diamond mine located near Kennady Lake, 280 km northeast of Yellowknife, on federal land.The mine is held by the Gahcho Kue Joint Venture (De Beers 51%, Mountain Province Diamonds Inc. 44.1% and Camphor Ventures 4.9%). [8]
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