Diamonds in China
China Diamond Corp., reported a 108 percent increase in production results from the 701 Changma Diamond Mine located in Shandong Province, China. China Diamond is headquartered in London, Ontario, Canada, and is engaged in mining for diamonds and the exploration and advancement of diamond and gold prospects in China.
The 701 Changma Diamond Mine is the company’s principal mining operation the company said in a press release on July 14. Total carats produced from January through March 2005 were 9,240.50, but from April through June total carats produced hit 19,221.20.
Operations were carried out in a higher grade area of the deposit, namely the Small Pipe, which returned an average monthly grade of 1.23 carats per ton. This area is expected to continue to be in production well into August 2005.
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