Monday, December 05, 2005 9:32:31 PM
New York, NY, Nov 28, 2005 (M2 PRESSWIRE via COMTEX) -- Diamond Discoveries International Corp. (OTCBB:DMDD) For many years, the thought of finding diamonds in Canada was little more than a prospector's dream. But that dream became a reality following the discovery, in the 1990s, of several world-class diamond-bearing deposits in Canada's north.
Canada's diamond industry has now become an industry worth more than $2.0 billion with all indicators pointing to potential for future growth. Canadian diamond production in 2003 was about11.6 million carats and in 2004 was 12.6 million carats.
Canada's diamond industry is part of a minerals and metals industry that is one of the world's largest producers and exporters. This highly productive and technologically advanced industry provides a source of stable, high income for northern, remote and Aboriginal communities.
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