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Aber (Visit this link)
Aber's principal asset is its 40% interest in the Diavik Diamonds Project, located in Canada's Northwest Territories. Diavik is Canada's second diamond mine, and began producing diamonds in November 2002. Aber received its first share of Diavik diamonds in January 2003 and made its first sale in March. Construction of the project has taken three years and cost Cdn$1.3billion. At full production Diavik will produce between 6-8 million carats per year, or approximately 5% of the world's diamond supply. Aber is a single asset company with no peer. We do not operate the Diavik Project. We are not an international, diversified mining company and we are not a small-cap exploration company. We are a company solely focused on the marketing of diamonds. Aber's market capitalization is, by a large margin, the largest in the world for a diamond-focused, public company.
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Added: Mon Aug 02 2004