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Merlin Finds First Blue Diamond at Australia Mine
Dec 15, 2016 8:18 AM
By Rapaport News
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RAPAPORT... Merlin Diamonds recovered a 0.124-carat blue diamond at its
mine in Australia, which it claims is the first stone of that color to be
excavated at the site.
The recovery occurred during the ramp-up phase of the Merlin
Diamond Project in the country’s northern territory. Albeit relatively small-sized,
the discovery still shows the potential for discovering valuable colored
diamonds from the mine, the company said.
Merlin Diamonds, formerly North Australian Diamonds,
acquired the project from Rio Tinto in 2004.
Australia is a major source of colored diamonds, with Rio
Tinto’s Argyle mine in Western Australia accounting for more than 90 percent of
the world’s supply of pink diamonds
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Tags:
Australia, blue diamonds, colored diamonds, merlin, Merlin Diamond Project, Merlin Diamonds, mining, North Australian Diamonds, Rapaport News, Rio Tinto
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