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Caldera Resources is bubbling up in the diamond mining business. The company hopes to produce diamonds from several projects (Yilgarn Craton, Cromer Cone, Ellendale, and Runton) in western Australia. Its Yilgarn Craton project is a joint venture with SouthernEra Resources; Cromer Cone is a partnership with Ronald Winston (chairman of Harry Winston). Caldera Resources has other exploration projects, including base metals, in the works in western and northern Australia.