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Usable Gems... and a little opinion.
The gem world now has another
source of Canadian diamonds.
The Diavik Diamond Mines has
produced and sold it's first diamonds.
The Diavik mines are located
in Canada's Northwest Territories, about 300 kilometers northeast of the
city of Yellowknife.
The Northwest Territories is
home to large-scale gold mining as well as diamond mining and gas/oil
production. I'm told the city of Yellowknife has the look and feel of a
real frontier boom town.
The Etaki Diamond mine has
been commercially producing diamonds in this area for about ten years, and
a few other diamond mines are in various stages of development.
A diamond cutting industry is also
springing up in Yellowknife
As you can imagine, the
weather in the area is a real challenge! Most construction and mining
equipment must be trucked in to the mines over an ice
road during the harsh winter months.
Each winter the ice road is
built to transport these heavy loads... and each summer it melts away.
While the roads are passable,
thousands of truck loads of equipment and the next year's supply of food,
fuel, and other supplies are hauled in overland.
Canada's push to become a major gem
producer appears to be meeting with more and more success.
The Jewelers Circular Keystone, a
jewelry industry publication reports that the U.S. Congress passed legislation on
April 11, 2003, regulating diamond trading.
Illegal diamonds that
finance civil wars in Africa would be banned from America under
legislation that Congress approved Friday, according to wire services
The House gave final approval by voice
vote to the legislation, which would bring the United States under an
international agreement that bans the export or import of so-called
conflict diamonds. The Senate passed the bill Thursday. The bill was
sent to President Bush for his approval.
The international agreement, known as the
Kimberley Process, has the support of representatives of the diamond
industry and human rights groups. More than 50 nations are participating
in the certification process—which is intended to track each diamond
from the mine to the jeweler's window and to block the trade of diamonds
mined and marketed illicitly.
Traded diamonds would have to come with
certification they were mined from legitimate sources.
"This is a trade issue, a consumer
issue and most of all, a human rights issue," Sen. Charles Grassley,
R-Iowa, and Senate Finance Committee chairman, reportedly said.
"This bill sends a strong message that the benefits of trade in
valuable natural resources like diamonds should accrue to the legitimate
governments and their people in Africa."
In the February issue, I responded to a
reader who is interested in starting an internet business. It seems other
readers are also interested, but some don't know what to sell.
My advice is... sell your expertise.
Everyone knows a lot about something, and it can be delivered
electronically. That's a huge plus for your business.
And if that doesn't appeal to you, sell
No, I'm serious. It's called the
affiliate business. You recommend other people's products and
collect a small fee per sale.
I'm certainly not the expert on
affiliate businesses, but Dr. Ken Evoy is. This guy has put thousands of
people on the track to successful internet businesses.
He offers a great 200 page ebook on the
The book covers the entire "how
to" for the affiliate business field. It's called The Affiliate
Masters Course. You can get more info on his site.
A new window will open when you click here.
Just enlarge the window and scroll down to the Affiliate Masters listing
in the left margin.
You can probably tell that I use and
like his products.
The Las Vegas Gem and Jewelry shows
will be here soon. The number and quality of shows is increasing each