De Beers Approves Financing for Canadian Diamond Mine

De Beers Board of Directors has given approval to move the Snap Lake project from the current stage of preproduction development into full construction at a cost of approximately $509.7 million.

This is a bit of a game changer, because DeBeers will be offering diamonds that are guaranteed non-conflict, and mined in North America.

Read the full article at JCK Online.