Report on Canadian Diamonds

Diamond exploration in Canada began near upon the early 1960s, although dominant discoveries were not in reality made up to not far 1980. It was in 1991 whilst the first ever economic diamond deposit was unmasked in Canada, in the Lac de Gras region of the Northwest Territories.

We continuously hear about diamonds coming from various parts of the world, especially eastern places, such as India and Africa. Nonetheless seldom do we hear about the diamond industry in Canada. Although at first the diamond industry in Canada was nil, it has because become one of the principal outstanding in the world, quite an achievement, especially considering that it all took location in just over 2 decades. Since then Canada has become a outstanding diamond producer, mainly after October of 1998 whilst the Ekati diamond mine opened up about 300 kilometers northeast of Yellowknife, and after unmatched a few months the mine had already extracted one million carats.

Factual information to Keep in Mind about Wholesale Diamonds

Dealing a wholesale diamond may save you quite a bit of money. Primed with a few basic purchasing facts, you may come across and buy the diamond of your (and her) dreams.

While you buy a diamond at a wholesale value, you're paying the exactly alike cost as the gem buyer, excluding the mark up by the trader. If you subsist in or visit cities with diamond districts, you could expect to pay close by wholesale prices. Choose a merchant who has been in business for a mass of years, with an established location.

The Canadian Diamonds Industry

The Canadian diamonds industry has now become a diamonds industry which is worth more than $2.0 billion in macro, and it is manifestly one of the top major and well reputable diamond industries on the planet. This is quite an achievement, mainly considering that for diverse years, centuries ago, the thought of finding diamonds in Canada was nothing more than a prospector' s dream.

Diavik is Canada' s second diamond mine, and it is one which literally began production in the beginning of 2003. The average diamond production from this Canadian diamonds mine in instance is anticipated to peak at about six to eight million carats a year, and this is overwhelming, as that amount is equal to 5% of the world' s comprehensive resource.

The Canadian diamonds industry is part of a larger minerals and metals industry that is one of the world' s largest producers and exporters, and Canadian mining companies have sorely been leading the way in terms of integrating sustainable development into their activities in the area of Canada including abroad.

A Word On Pink Diamonds

The finest rosy diamonds were once allowed to be worn unique by European royalty. Pink diamonds are more than 500 times more rare than even the finest white diamonds. Since the gemstone mines rarely discover a strain of pink diamonds, and accidentally, this also makes them enormously valuable.

Specifically, on the international front, some of the Canadian diamonds industry top outstanding mining companies are presently involved in projects ranging from delivering health and water services to reintegrating workers into their communities.