North Arrow advances Naujaat
North Arrow Minerals (TSXV: NAR) completed a $3.2-million exploration program this summer at its Naujaat project, in Nunavut, focused on advancing it towards a preliminary economic assessment. The work at…
Diamonds
Diamond market slows after strong recovery
A strong recovery followed an industry-wide diamond inventory buildup in 2014-2015 and another slide after India’s demonetization in late 2016. However, lately, the diamond industry’s momentum has begun to stall….
Gahcho Kué makes the grade
After reaching commercial production on March 1, De Beers’ and Mountain Province Diamonds’ (TSX: MPVD; NASDAQ: MPVD) Gahcho Kué mine pushed into high gear with full production in mid-year. On…
Dominion Diamond’s new chapter
One of the biggest deals to hit the diamond world recently is the sale and privatization of Dominion Diamond (TSX: DDC; NYSE: DDC), Canada’s premier diamond miner and the world’s…
Diamonds in Canada editorial: Dominion’s latest transformation
In recent decades, Dominion Diamond has been one of the more interesting companies to watch — not just in the diamond space but in mining, period. As Aber Diamond, it…
Shore finds potential partner in Rio Tinto
As recently as 2012, mining giant Rio Tinto (NYSE: RIO; LSE: RIO) had been publicly considering exiting the diamond space. But the company, which operates and owns 60% of the…
Stornoway looks to spectral sorting at Renard
It didn’t take long for Stornoway Diamond (TSX: SWY) to realize that it had a problem with diamond breakage at its newly built Renard mine, 360 km north of Chibougamau,…
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…
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…
Stornoway’s Matt Manson speaks on the struggle to build Renard at PMF
The following is a transcript of the remarks made by Stornoway Diamond president and CEO Matt Manson at the Progressive Mine Forum in Toronto on Oct. 23, where he was…
Seven questions investors should ask about geophysical anomalies
VANCOUVER — Geophysical surveys are frequently used by the mining and exploration industry to detect potential mineral deposits hidden beneath the subsurface. However, the results of geophysical surveys can be…
Washington Companies bids US$1.2B for Dominion Diamond
A privately held group with no experience in diamond mining owned by American industrialist and entrepreneur Dennis R. Washington — who got his start building roads in Alaska — is…