The diamond hunt is exploding with new kimberlite discoveries beyond the Slave Craton in Canada’s Far North. Recent discoveries are reported near Rankin Inlet and on the Melville Peninsula in eastern …
Although Saskatchewan kimberlites carry much lower grades than those being mined in the Canadian Arctic, the sheer size of the Fort la Corne kimberlites renders them highly attractive targets.The Fo…
Vancouver — Canada’s junior exchange experienced a surge in diamond-related issues during the week ended June 17. The S&P-TSX Venture Exchange composite index jumped 17.36 points, or 1.58%, and close…
An independent scoping study of Gammon Lake Resources’ (GAM-T) Northeast Ocampo project in Mexico paints a robust picture.Completed by Nevada-based Kappes, Cassiday & Associates (KCA), the preliminary…
Teck Cominco — Chris Thompson appointed to board of directors.Trivalence — Omair Choudhry appointed CFO; Hamish Malkin resigned as CFO.True North Gems — Len De Melt appointed project m…
Vancouver — Drilling has so far failed to find additional resources at the North project in the Philippines.Partners Philex Gold (PGI-V) and Anglo American (AAUK-Q) have seven rigs turning in an effo…
Vancouver — Placer Dome (PDG-T) has doubled the measured and indicated resource at its 60%-owned Cortez Hills discovery in Nevada.Discovered in late April of this year, Cortez Hills now holds a measu…
The Supreme Court of Queensland has approved London-listed Xstrata’s A$4.9-billion cash-and-debt takeover of Aussie miner M.I.M. Holdings.The court’s decision was late in coming, as it investigated al…
The Toronto Stock Exchange is reviewing the specialty shares of Platinova Resources (PVA.S-T) to see if they meet the requirements for continued listing. Also under review are the common shares of par…
Shareholders of Stillwater Mining (SWC-N) have given the green light to Norilsk Nickel’s cash-and-metal offer for 51% of the Montana-based company.About 82.9% of the votes cast at a special meeting in…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 17 (change from June 10 in brackets):MetalStock(tonnes)ChangeAluminium1115150(-1…
A new diamond province is quietly taking shape in Finland, where AIM-listed European Diamonds (EPD-LSE) is drill-testing several targets discovered by a combination of surface sampling and geophysics….
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