GREY:SWFCF - Post by User
Post by
ilovegold99on Feb 17, 2008 12:49pm
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Post# 14385999
Another thought
Another thoughtDeBeers could be just overall fed up of South Africa and the unstability, power outages, bad reputation(blood diamonds) and if enough diamonds exist in the NWT, they could be moving most of their operations up north. Closing down their SA mines a couple weeks ago and the $900 million dollar loss are two good signs that a change could be needed. Canada is safe, the NWT is very unexplored, lots of land, who knows?