Nine Missing in Alrosa Mine Flooding in Siberia

Sixteen people were reported missing on Friday after flooding of a diamond mine in Siberia, where 151 miners were found, the Alrosa group said in a statement.

At the end of the morning, 102 people had already been rescued and 33 were being evacuated, said the world’s largest diamond producer.

Others were evacuated later. “Research is underway for 9 people which remain missing,” the statement said.

The flooding took place in the later afternoon, in the underground mine Mir. It is due to a problem on a pumping station.

Alrosa is the largest diamond producing company in the world with large scale mining operations in Russia and worldwide.

Where To Buy Gold Bars?

Buying gold bars or buying gold bullion can be done 2 ways:

-The inexperience investor will purchase gold bars at spot price or higher, the only reason anyone would purchase gold bullion at spot or higher is because they have no clue how and where to purchase gold at a nice discount in order to make a profit when they buy, which is very similar to investors buying real estate, most will pay full price as they don’t have a clue how to purchase properties at a discount.

-The experience and knowledgeable investor, will team up with a gold trade desk who has the ability to purchase gold bars (dore) wholesale in Africa, will take advantage of their professional knowledge and expertise, and will sell the gold in a Western Country, turning their money every 10 days, utilizing the time value of money to create extraordinary compound interest on a year to year basis, putting to shame their hedge funds returns on investment.

Purchasing gold on the internet in 99% of cases will result in severe loss or scams which are all over the internet. The only way to cary out a successful transaction is to Joint Venture with a professional Gold Trade Desk such as Madnox, to inquire about gold bars for sale, please contact Madnox at 1-305-600-1814 or vince@madnox.com

5KG Purchase Minimum per Transaction.

Kimberley Process Certification Scheme

KPC Kimberley Process

Gold Mining ETF’s, The Next Big Market Scam

For years, people and investors have been bragging about purchasing Gold Mining ETF’s, there is only one major problem! They have been and are still selling more paper than there are gold.

In plain english, this specific market will one day disappear faster than it appeared, and these investor’s ETF’s will not even be worth the paper they are written on. Yes, the ETF’s fall will be a very pale problem in comparison to the total national derivatives value, which is about $1.5 quadrillion.

This $1.5 quadrillion pending disaster will take down the global stock market and  drive us into a depression which will  make the 1920’s look like the golden years.

The biggest danger we face as a society, is our stock markets, these 2 upcoming major crashes may explode separately or together, either way, they promise us dark days ahead in the stock market, which ultimately will also affect the diamond industry.

FIU Professor Makes Major Diamond Exploration Discovery

Dr. Stephen Haggerty stood in the humid Liberian jungle, in the summer of 2013, the geology professor from Florida International University was on assignment as the chief exploration officer for the Youssef Diamond Mining Co., The company had the mining rights in a section of  Camp Alpha area in Liberia, located on the West Coast of Africa near the Sierra Leone border.

He noticed something: the Pandanus candelabrum, a very large plant with palm fronds and a base made of thick, exposed roots that extend deep into the ground.

“It’s a ‘plant growing on steroids’ is the best way to explain it,” says Haggerty, who had seen the plant at other mines but dismissed it as just part of the just another foliage in the middle of the African jungle. Haggerty had a hunch about this. He cut out a piece of root to peek inside and than found a mysterious black area within the root. He jammed a pry bar underneath the pandanus to uproot the plant.

And There it was!” Haggerty said.

Below the plant were kimberlite rocks. What ifthis pandanus plant was “feeding” off the mineral?

Haggerty put his crew to work uprooting nearby pandanus plants. They found exactly what Haggerty had come to the area to discover: a major kimberlite dike about 500 meters across.

Kimberlite doesn’t always yield any diamonds, but diamonds will always be found in kimberlite. “There is  a one in one-100th chance that there are diamonds in a kimberlite deposit,” says Haggerty.

If pandanus plants feed off kimberlite, diamond explorers could more easily find the host mineral in the jungle by using satellites imagery to search for pandanus, then mining for the kimberlite.

If this theory is correct, his discovery could be a game-changer in the diamond exploration and mining, making it more efficient and more cost effective to find the gems. No longer would diamond explorers have to choose their mining sites based on rumors, but they could search for the pandanus plant, then start mining, which would save millions of dollars in exploration and mining costs.

 

D Flawless Cut & Polished Parcels For Sale

Exceptional Investment Diamonds D Flawless Parcels For Sale

SOLD OUT!

Part of Madnox’s growth for 2017, is the extension of our new Cut and Polished Global Division. We are proud to be able to offer the most exclusive highest quality cut and polished parcels on the Market in 2017.

Each Parcels will be sold in 50 CT’s increments, all stones within parcels will range from 1 CT to the 3CT range. Each and every stones in the parcels will be D Color Flawless! We can deliver up to 600 stones, Miami or New York.

These exceptional parcels are ideal for Investment Companies, Hedge Funds or High End Jewelers or Investors, and will be sold at a discount off Rapaport.

To inquire about these exceptional Investment Parcels, please contact Vince@Madnox.com or call our trade desk directly at +1-305-600-1814. Supply is limited.

www.Sierraconnekt.com Shipping Scams

The quest to find a local reliable diamond shipping company in West Africa can be difficult. Fortunately for diamond exporters, there are serious alternatives to fraudulent companies such as www.SierraConnekt.com (Pacific Freight Company SL LLC)

Such companies, are owned by Sierra Leonian Thugs looking to take advantage of people for the easy buck. We highly recommend that you contact us for details on their criminal activities before you engage in a business transaction with these jokers.

These criminals will certainly end up behind bars were they belong, we would advise any one thinking to do business with Pacific Freight Company SL LLC to stay as far away as possible from this alleged company and do business with another organization. We can also put you on the right track and recommend an honest and reliable shipping company in Freetown.

Unreliable Shipping Companies in Sierra Leone

Following our previous story about our experience with Pacific Freight Company Limited SL  in Freetown, Mr Haruna Malik agreed in a settlement with our Attorney to ship a smaller parcel at no extra cost in order to attempt to make up for the debacle it created, while shipping a parcel to Miami on January 1st.

Mr Haruna Malik than started singing another song on February 29th, and came up with some lame excuses. Such companies as Pacific Freight Company Limited SL in Freetown are not reliable companies in our experience, they have never refunded us for the payment they received for the service offered.

We encourage any rough diamond buyers who buy in Sierra Leone to stay away from such companies who’s behavior and lack of ethics are not to be recommended to anyone in the industry.

Sierra Leone Shipping Company Scams

Anyone who purchases parcels of rough diamonds in Sierra Leone knows that each parcel must be hand carried out of the country, sealed with its KPC.
Wether you personally bring this parcel to its final destination, or you hire a professional carier.
We will tell you about our experience with one company called Pacific Freight Company Limited SL which website is www.SierraConnekt.com and which just defrauded us on a parcel delivery we paid for in full, and never received delivery off.
They promised us to make it right and after over 3 months, have kept ignoring our request for a full refund, despite their non-performance.
“SierraConnekt” DBA Pacific Freight Company Limited SL had a contract with our Trade Desk, made commitment to deliver a parcel, issued a Commercial Invoice and diverted the shipment to a third destination (Guinea) instead of CIF Miami.
Despite the written commitment to make it right and refund us for the service we paid for, this Company and Mr Haruna Malik its Director of Operations, at Pacific Freight Company Limited SL has not issued a full refund for failure to respect their contractual agreement.
We recommend that you stay away from this company. This types of poor ethics and scams can only be ran by companies who do not value growth with International Companies and Partners.
If you which to know more details about  this fraud from Pacific Freight Company Limited SL. and Mr Haruna Malik feel free to contact us. Our goal is to protect others from these types of scams.