Kennady delivers Faraday resource
A maiden resource for Kennady Diamond’s (TSXV: KDI) Faraday kimberlites has added 5 million carats to the diamond resource at the company’s Kennady North project in the Northwest Territories. The…
Articles by Alisha Hiyate
Lucara sells Lesedi La Rona diamond for US$53M
Lucara Diamond (TSX: LUC) has sold the 1,109-carat Lesedi La Rona stone recovered from its Karowe mine for US$53 million, or US$47,777 per carat. The sale, made to British jeweller…
Q&A: BMO’s Ed Sterck talks demonetization and diamond equities
In late 2016 and early 2017 the diamond market felt the effects of India’s demonetization, which saw 500-rupee and 1,000-rupee bills suddenly removed from the market last November. The move…
Kennady eager to build on proven potential
KELVIN CAMP, NORTHWEST TERRITORIES — Kennady Diamonds (TSXV: KDI) has already tripled early targets at Kennady North, Canada’s most advanced diamond exploration project — and there’s an eagerness to get…
Exploring for more: Diamonds in Canada’s annual junior roundup
Alto Ventures (TSXV: ATV) In February, Alto Ventures began a reverse-circulation drilling program to test several kimberlite targets at the GEFA project, in east-central Saskatchewan. The targets were identified in…
Manitoba diamond discovery stirs interest
Following up on an initial diamond discovery in Manitoba from 2008, a group of prospectors working with the Manitoba Geological Suvey (MGS) has found diamonds in the Knee Lake area…
Five reasons diamond stocks have been dragging
In the first quarter of 2017, a market-cap weighted aggregation of diamond miners in U.S. dollars including Alrosa (RTS: ALRS), Petra Diamonds (LSE: PDL), Dominion Diamond (TSX: DDC; NYSE: DDC),…
Stornoway Diamond deals with Renard hiccups
Stornoway Diamond (TSX: SWY) had an exceptionally smooth build at its Renard mine, in Quebec, which was completed five months ahead of schedule and under budget by $37 million. Renard…
A changing landscape: Diamonds in Canada Editorial
Outside of the two new mines opening up in Canada — Stornoway Diamond’s Renard and De Beers and Mountain Province Diamonds’ Gahcho Kué — there hasn’t been a lot to…
Gahcho Kué achieves commercial production
Seven months after turning out its first diamonds last August, De Beers and Mountain Province Diamonds’ (TSX: MPVD; NASDAQ: MPVD) Gahcho Kué mine in the Northwest Territories began commercial production…
Dominion Diamond explores options after takeover approach
It’s been an eventful year for Dominion Diamond (TSX: DDC; NYSE: DDC), with the company receiving an unsolicited takeover approach in February, shortly after CEO Brendan Bell announced his resignation…
Could microbes hold the key to more environmentally friendly mines?
Bioremediation became a buzzword for the Canadian mining industry in the 1970s and ’80s. Today, researchers at the University of Toronto’s Lassonde Institute of Mining are coming up with the…