Rio Tinto finds Australia’s biggest pink diamond
Rio Tinto (RIO-N)has discovered the biggest pink diamond yet found in Australia.
Diamonds
Shear secures Jericho water licence
Shear Diamonds (SRM-V) has earned a final approval on a water licence renewal for its Jericho diamond project in Nunavut.
New Brunswick: top spot for mining
The international mining industry has ranked New Brunswick as the world’s most attractive jurisdiction for exploration and development, unseating last year’s winner Alberta which fell to third place behind Finland, according to the…
Rio finds Australia’s biggest pink diamond
Vancouver – Rio Tinto (RIO-L, RIO-A) has discovered the biggest pink rough diamond yet found in Australia.
Shear secures Jericho water licence
Vancouver – Shear Diamonds (SRM-V) has been given the final ok on a renewal of its water licence for its Jericho diamond project in Nunavut.
BHP looks to exit diamond business
BHP Billiton (BHP-N, BLT-L, BHP-A) is considering leaving the diamonds business, because it may no longer fit its modus operandi of owning only “large, long-life, upstream and expandable assets.”
BHP may sell its diamond assets
BHP Billiton (bhp-n, blt-l) is considering leaving its diamonds business as it may no longer fit its modus operandi of boasting “large, long-life, upstream and expandable assets.”
Thumbs-up for Stornoway’s Renard project
Stornoway Diamond (SWY-T) has completed a feasibility study of its wholly owned Renard diamond project in Quebec’s Otish Mountains region that shows potential for a robust, long-life operation, albeit at higher capital costs than expected.
De Beers sale to shake up industry
Anglo American’s (AAL-L) agreement to pay $5.1 billion in cash for the Oppenheimer family’s 40% stake in De Beers will have a profound impact on the diamond industry, executives and analysts say.
Editorial: Oppenheimer out
The decisive, US$5-billion exit of the storied Oppenheimer family from its 40% controlling interest in De Beers brings to a close a century of history in the global diamond trade.
Peregrine preps Chidliak for bulk sampling
The year 2010 would have been tough for Peregrine Diamonds (PGD-T) to top, even in the best of markets. The company made 34 new kimberlite discoveries at its 49%-owned Chidliak…
Celebrating 20 years of diamonds at BHP Billiton
The story of EKATI Diamond Mine began in 1981, when geologist Charles Fipke found diamond indicator minerals near Blackwater Lake on the east side of the Mackenzie River in the…