Star Diamond acquires Buffalo Hills project in Alberta
Located approximately 400 kilometres northwest of Edmonton, the Buffalo Hills project includes 21 mineral leases covering 4,800 hectares.
The 7% to 15% rough diamond prices increase at last week’s BHP Billiton auction has made Indian diamond dealers reluctant to sell polished at current prices. The Indian market also widely anticipates a further price rise at the next auction, leading wholesalers to dig their heels in even more.
