Mining Magazine August 2014 | Page 137

canada

Company Information

Industry
Mining
headquarters
Canada
founded
1985
value diamonds , potentially in excess of 100 carats .
“ We need environmental approval , which will enable us to commence our permitting process , and then we would need to start detailed design , as well as raising project finance ,” says Read . “ We anticipate seeing some unusually large diamond in future production as well as extremely attractive white Type 2-A diamonds .”
Type 2-A diamonds are nitrogen-free and have a composition of either brownish or crystal white , and in extremely rare conditions they are pink . “ To date , the most valuable stone we ’ ve recovered is an 11.96 carat type 2-A diamond ,” says Read . “ It ’ s valued at $ 18,000 a carat .
Once the Star-Orion South Diamond Mine is in production , Shore can provide value to shareholders and the surrounding communities . employees
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www . shoregold . com 137