The Diamond Mecca In Canada

Baffin island in Canada’s north, site of many diamond discoveries

The question for many concerned about the ethics of the Canadian diamond is, “How much impact this this region can withstand without massively upsetting its fragile eco-system?” The Northwest Territories are one of the last pristine environments left on earth.

The first article linked below describes how Canadian Prime Minister Stephen Harper is pushing for “use it or lose it” in the Canadian Northwest Territories.

http://www.canada.com/vancouversun/story.html?id=2d9a3265-a750-4cff-bdfa-5cef8a210668

The second article is more specifically relating to diamonds. At present, there are three diamond mines located in these territories.

The most recent mine, run by DeBeers, just running at full speed last month. DeBeers, pushing to open up a forth, but is running into regulatory challenges. ~ Marc Choyt, Managing Editor

http://www.diamondinvestingnews.com/283-canada-the-next-diamond-mecca.html

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