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Korean Company to Develop Diamond Mine in Cameroon
Dec. 20, 2010 08:33AM PST
Gem InvestingIsraeli Diamond Portal.com reports that Korean company C&K Mining has received licensing to develop the Mobilong diamond mine in southeast Cameroon
Israeli Diamond Portal.com reports that Korean company C&K Mining has received licensing to develop the Mobilong diamond mine in southeast Cameroon.
The story is quoted as saying:
According to a report on Korea’s Chosunilbo.com website, the site contains an estimated 420 million carats of rough diamonds, and C&K Mining’s license will stay valid for 25 years with options to renew every 10 years after that
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