De Beers Undergoes Overhaul
August 2001 by Associated PressBehind every diamond engagement ring, every diamond earring, every glittering, multicarat expression of true love once loomed the shadow of De Beers, the cartel that controlled—and, some argue, created—the international diamond industry.
Q: I’m a fairly new subscriber. I enjoy Leonard’s financial column but his ratings at the end don’t seem to make sense. He will highlight problems with the economy but rate it “Positive.” Why is that?
Looking around, I could tell that this was an old hand-digging. As I walked around the perimeter of the digging I could see shovel and pick marks scratched on the clean, hard clay and bedrock.
The mining and logging community of Red Lake, Ontario, population 5,000, is about 450 miles, as the crow flies, north of Minneapolis, Minnesota.
A caldera is a large circular volcanic depression caused by collapse due to the removal of molten magma from an underlying magma chamber. The removal of magma is due to explosive venting of lava and pyroclastic material.
The tall grasses of the rolling foothills of eastern Kern County, California, hide traces of what was once a major gold rush.
The Bawl Mill • Our Readers Say • The Public Process—Getting Involved and Making a Difference • Pacific Northwest Miners Request Help • USFS Roadless Comments Reopened • Flat-Fault Gold • Basic Drywashing Principles • Fields of Gold • Picks & Pans: All That Glitters Pans Out Well! • Gold in Michigan • Update on the West Mojave Desert Planning Area • 2001 Inductees to the National Mining Hall of Fame • Company Notes • The Spanish Silver of Mowry • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices