WANT TO BUY A DIAMOND MINE?
November 26, 2007 (PRLEAP.COM) Business News
Marine diamond miner, PANDA MARINE Mining and Exploration Limited www.pandamarine.co.za, has set its sights on the lucrative petro-chemical industry that is developing on the West Coast. The company who owns a marine diamond concession on the West Coast and has developed specialised marine mining technology is also a specialist engineering design service provider to the petro-chemical and mining industries for over 20 years. According to the CEO Mr. Kobus Pansegrouw the Saldanha Bay Gas Project and other petro-chemical projects along the West Coast, as well as the blossoming diamond mining industry has prompted the company to diversify into engineering services. The company wants to focus their activities along the coast from Saldanha Bay to Alexander Bay and into the Richtersveldt, a scarcely populated area rich in natural resources, but with few employment and training opportunities. The company hopes to bring technology, employment and training opportunities to the area.
With the anticipated shortage of engineering expertise, the company’s strategy will give it a distinct advantage over other role players in the area.
The marine diamond deposits along the West Coast are estimated to be in excess of 1.5 billion carats, of which 90-95% is gem quality.
A unique feature of the company is that a large portion of the company’s production will be cut and polished on the West Coast and marketed exclusively to the company’s shareholders at “digger” prices.
Just like your very own diamond mine without the hassle, what better reason can you get for investing in this company?
Read more at www.pandamarine.co.za