Sandstorm buys Diavik diamond mine royalty
Gold-focused royalty and streaming company Sandstorm Gold (TSX: SSL; NYSE: SAND) has branched out into diamonds.
Diamonds
TSX tumbles, March 9-13
Canada’s benchmark S&P/TSX Composite Index index fell during the trading week, losing 1.5% to close at 14,731.50 points. The S&P/TSX Global Gold Index dropped 1.8% to 157.90, as the spot price for gold gave back US$10 to end at…
Bulk sample results boost diamond junior North Arrow
The initial results of a bulk sample from North Arrow Minerals’ (TSXV: NAR; US-OTC: NHAWF) Q1-4 kimberlite, at the Qilalugaq project in Nunavut, show that the yellow diamonds that were recovered in early sampling persist into larger…
Jay pipe could add 11 years to Ekati mine life
Dominion Diamond’s (TSX: DDC; NYSE: DDC) prefeasibility study for the Jay kimberlite pipe deposit shows it could add 11 years to the life of its Ekati diamond mine in the Northwest Territories’ Lac de Gras region.
TSX dips on poor GDP growth, Jan. 26-30
The Toronto stock market slipped in the wake of poor economic data and a weakening Canadian dollar. The benchmark S&P/TSX Composite Index declined 105.87 points to 14,673.48 as Statistics Canada said real gross domestic product in November…
Rockwell Diamonds expands footprint with new acquisition
Johannesburg-based alluvial miner Rockwell Diamonds (TSX: RDI; US-OTC: RDIAF), which owns three diamond mines near the midpoint of South Africa’s Orange River, is buying assets close to its operations that will enlarge its resource base…
Lucara to exit Mothae in Lesotho
Lucara Diamond (TSX: LUC; US-OTC: LUCRF) plans to sell its 75%-held Mothae diamond project in Lesotho after the project failed to meet the company’s investment criteria.
Editorial: Top stories of 2014
Mining and mineral exploration are by nature businesses for optimists, but looking back over 2014, it’s hard not to conclude that difficulties and disasters tended to outweigh the brighter spots of achievement and growth. Here is our…
Despite exceptional stone tenders, Lucara takes conservative stance at Karowe
VANCOUVER — It’s been a two-year run for producer Lucara Diamond (TSX: LUC; US-OTC: LUCRF) at its Karowe mine in Botswana, and the company isn’t showing any signs of slowing down. On Dec. 9 Lucara released its operating…
Commentary: Miners hit the road on Euro bus tour, Part I
MUNICH, GERMANY — Dave Hodge, the president of Zimtu Capital, has a public persona that transcends the Atlantic.
Rio Tinto green-lights A-21 pipe at Diavik
Rio Tinto (NYSE: RIO; LSE: RIO) has approved the development of a US$350-million A-21 kimberlite pipe at its 60%-owned Diavik mine, 300 km northeast of Yellowknife.
Dominion Diamond hits its stride
Boding well for its upcoming quarterly financial results, Dominion Diamond’s (TSX: DDC; NYSE: DDC) third-quarter production and sales figures beat market expectations, sending its share price up $1.35, or more than 8%, to $17.73.