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Post by Franko10 ™ on Jan 2, 2008 15:08:29 GMT -5
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Post by Franko10 ™ on Jan 2, 2008 16:37:05 GMT -5
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Post by Franko10 ™ on Jan 2, 2008 17:02:12 GMT -5
One Of Urbans Past Investments WHITE SWAN PTNR
1994-07-07 - Shareholder
Primary: *Diamond Exploration and Development *Precious Metals Exploration and Development
Company was incorporated under the Business Corporations Act (Alberta) as "Choice Foods Corporation" on March 25, 1986, which name was subsequently changed to "White Swan Resources Inc." on January20, 1995 to "Africa Diamond Holdings Ltd." on January18, 1999, and to Sierre Leone Diamond Company Limited on January 6, 2004. The Company is a reporting issuer in Alberta, British Columbia and Saskatchewan;
Name Hitory on
*White Swan Resources Inc. 20/Jan/1995 7/Dec/2001 *Choice Foods Corporation 25/Mar/1986 19/Jan/1995
Sierra Leone Plans for Diamond Expansion
The Republic of Sierra Leone's President Ahmad Tejan Kabbah marked the first anniversary of his country's peace by vowing to transform the diamond industry. He spoke at the June 20 state opening of the second session of the second Parliament. While acknowledging that the diamond industry has not brought under full control the problems of "smuggling, exploitation, cheating and chaos," Kabbah said "the government is committed to bringing about a well-regulated and transparent diamond mining and trading regime for the benefit of the state and people of Sierra Leone."
Kabbah spelled out three measures the government was taking on advice from the World Bank and industry experts. They include: • Enforcing existing diamond mining and trading legislation and empowering the Sierra Leone police as the primary body for the enforcement of that legislation. • Inviting an international diamond mining company to determine and recommend the conditions which must be implemented in order to bring maximum revenue to Sierra Leone. • Regularly publishing the value of diamonds exported, the tax funds raised and the disposal of that revenue.
Kabbah said he commissioned a high-resolution magnetic survey in April, carried out by the Africa Diamond Holdings Ltd. This survey covered the Koinadugu and Kono districts. Similar surveys of the rest of the country are planned. One objective of these surveys is to determine the extent of existing Kimberlite diamond deposits and discover new ones.
Interesting although halted from TSX they still appear to be growing as a large company now searching for diamond
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