StockGuru Blog: Delta Mining and Exploration – Diamonds in North America; Not a New Phenomena but a Recent One
DMXP Stock Guru Profile OTCBB: DMXP Diamonds in the ground in North America are not new but having a diamond mine in Montana, the United States, provides a great advantage in terms of cost. Canada is currently ranked as the world’s third-largest diamond producer, after Botswana and Russia. Essential supplies must be flown to the Canadian mines site at significant costs. The three diamond mines currently operating are in northern Canada and mining in northern Canada is an expensive proposition. Northern Canadian mines’ only ground link to the outside world is a seasonal ice road that operates in the winter…