The state of global rough diamond supply in 2014
Global production of rough diamonds in 2014 is expected to reach roughly 135 million carats valued at US$17.8 billion, an increase of 3% over last year. The world’s 50 largest…
Diamonds
Gahcho Kué takes shape
If you ask Patrick Evans, chief executive of Mountain Province Diamonds (TSX:MPV; NYSE: MDM), what surprised him most about the results of an updated feasibility study released in April for…
Diamonds shining once again
In our last issue, I asked whether there had been a shift in sentiment toward the diamond sector, which survived 2013 in much better shape than the rest of the…
Editorial: Diamonds a lodestar in Canadian mining firmament
While much of the global mining industry has been limping along under sagging commodities prices and looming oversupply, one of the brightest spots has been the Canadian diamond-mining industry, which has weathered its wild, rocky youth and…
Dominion Diamond forges ahead
Dominion Diamond (TSX: DDC; NYSE: DDC) may have missed the Street’s expectations due to some accounting rules, but the company showed it is steadily restoring the prominence of Canada’s first diamond mine: Ekati.
Peregrine: ‘Good things to come’ at Chidliak
When Brooke Clements of Peregrine Diamonds (TSX: PGD) spoke at the Prospectors & Developers Association of Canada (PDAC) convention a year ago, the diamond-exploration company was getting ready to collect a 250-tonne bulk sample from its…
Anglo American making progress but still work to be done
This time of the year is normally referred to as ‘earnings season,’ as miners release their operational and financial results from the year before. But given the collective shock the industry has experienced in the form of slumping…
Milestones ahead for Kennady Diamonds in NWT
Kennady Diamonds (TSXV: KDI; US-OTC: KDIAF) — whose share price soared 277% to $5.24 per share in 2013 — is among 16 junior companies Haywood Securities believes offer short-term investment opportunity with strong management teams,…
Petra Diamonds’ H1 output up 31% in fiscal 2014
Petra Diamonds (LSE: PDL) is in good shape to meets its fiscal 2014 guidance of 3 million carats.
Lucara reports major increase in Karowe resource valuation
VANCOUVER — Lucara Diamond (TSX: LUC; TSXV: LUC; US-OTC: LUCRF) has made headlines over the past year with the size and quality of stones it has unearthed at its Karowe mine in Botswana’s Orapa–Letlhakane kimberlite…
Lucara’s Karowe a veritable cash machine
Cash — the one thing investors trust these days — continues to flow into Lucara Diamond’s (TSX: LUC) coffers from the sale of its world class diamonds and the market continues to applaud its efforts.
Diamonds look ‘relatively good’
We are now more than two years into a mining industry downturn that has punished miners, developers and explorers of all commodities. But many of the Toronto-listed diamond stocks that…