Merlin is home to Australia’s largest mined rough diamond on record and has the potential to be the
only producing diamond mine in Australia, following the closure of Rio Tinto's iconic Argyle mine.
There are large areas that are under-explored and these are areas that have a huge amount of potential for Tier-One discoveries, TNM's recent Global Mining Symposium has heard.
A Swiss trader stands trial on Thursday accused of knowingly buying diamonds worth $750,000 on behalf of Italian criminals to help them launder the proceeds of a $35 million tax scam.