By Rose Ragsdale
For Mining News 

Canada's diamond country still sparkles

Companies push for more production, new mine development and discoveries amid higher prices, shrinking supply and growing demand

 

Last updated 5/29/2011 at Noon



Growing demand, especially in China and India, is driving intensified diamond exploration, development and mining activities in Northwest Territories. Diamond prices, which plunged during the recession, also have steadily rebounded recently amid healthier demand.

The territory's producing diamond mines are pulling out the stops to boost their output, while developers of potentially a fourth lar...



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