Lucara Diamond CEO just getting started
“I don’t ever believe in using the word try,” says William Lamb, the current driving force behind Lucara Diamond (LUC-T). “If you try, you are setting yourself up for failure….
Diamonds
Shear Diamonds suspends production at Jericho
Shear Diamonds (SRM-V) suspended production from stockpiles at its Jericho diamond mine, in Nunavut, in early September. The company, led by president and CEO Julie Lassonde, had been hoping to…
Stornoway expects delays at Renard
Stornoway Diamond (SWY-T) recently provided an update on the construction of the Route 167 extension that would give it full-year road access to its current fly-in Renard diamond project in northern Quebec, confirming earlier media reports…
Peregrine attracts $10M in financing
Good financing opportunities are hard to come by, particularly for junior companies far from production, largely explaining why Peregrine Diamonds’ (PGD-T) shares have been climbing since the firm announced a $10-million financing on…
Stornoway navigates the road to production
Recent media reports have suggested Stornoway Diamonds’ (SWY-T) Renard diamond project in Quebec may face delays given that construction of the Route 167 extension from Chibougamau to the Otish Mountains is slightly behind plan, but the…
Harry Winston, Rio revise Diavik plan
Harry Winston (HW-T, HWD-N) has released a much-anticipated mine plan update for its joint-venture Diavik diamond operation 300 km northeast of Yellowknife, N.W.T.
Harry Winston revises life-of-mine plan at Diavik
VANCOUVER — Canadian diamond miner Harry Winston (HW-T, HWD-N) has released a much-anticipated mine plan update for its joint-venture Diavik diamond operation 300 km northeast of Yellowknife, Northwest Territories. Harry Winston owns…
Lucara wrestles with weak diamond prices at Karowe
Though ramp-up appears to be on schedule at emerging producer Lucara Diamond’s (LUC-T, LUCRF-O) fully owned Karowe open-pit diamond mine in Botswana, markets have taken notice that the company is realizing a lower price per carat than it…
Tough conditions for rough diamonds
Anglo American (AAL-L, AAUKY-Q) reported diamond production fell in the second quarter ended June 30 by 11% to 7.2 million carats because of market conditions and a focus on planned maintenance and waste stripping, while De Beers, in which…
Tough conditions for rough diamonds
Anglo American (AAL-L) reported diamond production fell in the second quarter ended June 30 by 11% to 7.2 million carats largely due to market conditions and a focus on planned maintenance and waste stripping while De Beers, in which Anglo…
Harry Winston sees Q1 profits, revenues rise
Harry Winston Diamond’s (HW-T, HWD-N) first-quarter earnings of fiscal 2013 tripled to US$11.6 million on higher rough diamond sales and stronger retail performance, but missed analysts’ expectations. For the quarter ended April 30,…
Stornoway files Qilalugaq’s resource estimate
Stornoway Diamond’s (SWY-T) maiden resource for the Q1-4 kimberlite on its Qilalugaq diamond project in Nunavut did little to boost its lately sagging share price.