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Another company joins quest for pink diamonds
Nov. 15, 2010 04:51AM PST
Gem Investing
ABC.com reports that Venus Metals (ASX:VNS) has announced that it has secured nine new diamond mining licences in Western Australia to search out pink diamonds, sending its’ share price up 34%.
ABC.com reports that Venus Metals (ASX:VNS) has announced that it has secured nine new diamond mining licences in Western Australia to search out pink diamonds, sending its’ share price up 34%.
The story is quoted as saying:
The Argyle mine supplies over 90 per cent of the world’s pink diamonds, and Venus Metals is hopeful of finding another source of pinks at its Smoke Creek site.