Anglo takes the reins at De Beers
As global diversified miners BHP Billiton (BHP-N, BLT-L) and Rio Tinto (RTP-N, RIO-L) look to step out of the diamond business, a third, Anglo American (AAL-L), is diving in deeper….
As global diversified miners BHP Billiton (BHP-N, BLT-L) and Rio Tinto (RTP-N, RIO-L) look to step out of the diamond business, a third, Anglo American (AAL-L), is diving in deeper….
These are interesting times for an industry that is still recovering from the Great Recession. BHP Billiton and Rio Tinto announced in recent months that they’re looking to leave the…
The financial crisis of 2008 was the first time that many investors experienced first-hand the worst-case scenarios of investing. In response to that frightening experience, and the ongoing global financial…
When Peregrine Diamonds (PGD-T) lost BHP Billiton (BHP-N, BLT-L) as a 51% partner at Chidliak late last year, it didn’t look good for the junior. BHP’s withdrawal from the project…
In only a few years, Zimbabwe’s Marange diamond fields have transformed from a free-for-all of thousands of diamond prospectors sifting through dirt to a modernized, fenced-in area run by a…
To pay its share of initial capital costs at the $550-million Gahcho Kué diamond project, in the Northwest Territories, Mountain Province Diamonds (MPV-T, MDM-X) is planning a $47-million rights issue….
The year 2010 would have been tough for Peregrine Diamonds (PGD-T) to top, even in the best of markets. The company made 34 new kimberlite discoveries at its 49%-owned Chidliak…
Pat Sheahan has always done things her own way. The diamond researcher and founder of the Sheahan-MDRU literature service — which, in various forms, has been keeping explorers up to…
The genesis of Canada’s diamond industry can be pinpointed precisely to twenty years ago this month. That’s when BHP Billiton reported that its partner Dia Met, had found diamonds in…
Eyeing the strong and growing demand for diamonds in China, the Diamond Bourse of Canada (DBC) has set up a permanent liaison office in the Shanghai Diamond Exchange. The DBC’s…
It’s a tall order, but if Metalex Ventures (MTX-V) can get the various permits and funding it needs, it could begin a 10,000-tonne bulk sample at its Kyle Lake project…
At press time in mid-October, a feasibility study for Stornoway Diamond‘s (SWY-T) 100%-owned Renard project, in Quebec, was due out within weeks. While Stornoway president and CEO Matt Manson said…
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