Editorial: Reading the tea leaves
Lukas Lundin, the chairman of Lucara Diamond may be bullish on diamonds (see Page 5), but he doesn’t see things improving for diamond juniors in the near term. “The general…
Diamonds
Gahcho Kué construction nears halfway mark
By the time Gahcho Kué achieves first production in the second half of 2016, more than two decades will have passed since the discovery of the 5034 kimberlite at the…
Stornoway CEO Matt Manson’s path to Renard
Hard work and perseverance have been paying off for Stornoway Diamond (TSX: SWY) president and CEO Matt Manson. The 48-year-old executive recently saw the start of construction at the Renard…
Canada’s mini-staking rush
After going into hibernation in the wake of the Great Recession, diamond juniors are slowly rousing and getting back into the field. Inspired by Kennady Diamonds’ (TSXV: KDI) success at…
Canadian production on the rise
With Gahcho Kué and Renard now officially under construction, I think it’s fair to say that in four years’ time, Canadian diamond production will look significantly different than it does…
Stellar Diamonds starts trial mining in Guinea
For a junior diamond-development company with operations in Guinea and Sierra Leone — two of the three countries in West Africa hit by the Ebola virus — it’s remarkable that Stellar Diamonds (US-OTC: SDIZF; LSE:…
Kennady Diamonds loses altitude on Kelvin results
Kennady Diamonds’ (TSXV: KDI; US-OTC: KDIAF) high-flying stock lost almost a third of its value in a single day on disappointing grades from a mini-bulk sample at its Kennady North diamond project in the Northwest Territories.
De Beers the jewel of Anglo American as iron-ore price drops
Other diversified mining giants have had second thoughts about diamonds, but Anglo American (US-OTC: AAUKY; LSE: AAL) never seemed in doubt about its interest in De Beers — the world’s largest diamond miner by value.
Commentary: Plan Nord+ – Fresh breezes from the Belle Province
Having just recently attended the Precious Metals Summit in Beaver Creek, Colo., and the Denver Gold Show, I was pleased to see that even with dampened enthusiasm on the show floors due to the downward-trending price of gold, there was plenty…
Stornoway advances Quebec’s first diamond mine
Junior explorer turned developer Stornoway Diamond (TSX: SWY; US-OTC: SWYDF) is building Quebec’s first diamond mine, set to start commercial production in 2017, after having raised $946 million for its Renard diamond project in July.
Challenges abound for diamond industry, despite growing demand: De Beers
In its first detailed public report on the state of the diamond industry, diamond miner and retailer De Beers paints a picture of an industry that will likely struggle to meet demand while facing increasing competition from other luxury…
De Beers studies Victor extension as mine life wanes
With a mine life that ends in 2018, the ore is running out at Ontario’s only diamond mine — De Beers’ Victor mine, 90 km west of Attawapiskat.