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| | Williamson Diamonds to exploit new deposits
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 | | Williamson Diamond Ltd (WDL), in which De Beers owns 75 percent stakes, while the government of Tanzania holds 25 percent, operates the open cast cavity, digging out the largest diamond-bearing kimberlite pipe in the world. |
 | | For the past 65 years, diamond mining has concentrated on the northeastern shallow side of the volcanic depression, an activity, which is said by the management to have contributed about USD3billion to the Tanzanian economy over the years. |
 | | Diamond recovery peaked in 1966 when 3.3 million tonnes were processed, resulting in the upturn of 924,984 carats, but this figure declined to 40,847 carats in 1993 after nationalization. |
| www.ippmedia.com /ipp/financial/2006/03/15/62075.html (406 words) |
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