Lucara gets $60M for diamond projects
With two diamond projects in the pipeline, Lucara Diamond (LUC-V) has announced a $60-million private placement to help move them forward.
Diamonds
Obituary: Bud Laporte
Irvin Joseph (Bud) Laporte (b. 1933) died on Jan. 12, at the age of 78, in North Bay, Ont., after a battle with cancer. He was the husband of Shirley (predeceased) and a father and grandfather.Laporte started working in the diamond drilling…
Stornoway hustles for Renard
In December Stornoway Diamond (swy-t) struck a deal with provincially owned Soquem to buy the remaining half of the Renard diamond project in Quebec.Under the proposed agreement, Diaquem, a wholly owned subsidiary of Soquem, will receive…
What investors can expect from elections in CAR
After much delay the citizens of the Central African Republic (CAR) are set to head to the polls on Sunday, but the implications for miners in the region are still unclear. Francois Bozize, the current president, is favored to win. Even if he…
Lucara in $60m financing for African diamond projects
Vancouver – With two diamond projects in the pipeline, Lucara Diamond (LUC-V) has announced a $60 million private placement to help move them forward.
Shear rolls back shares, changes name
At the opening bell on Dec. 30, 2010, Shear Minerals began trading on a consolidated basis under the new name of Shear Diamonds (srm-v).At the company’s recent annual meeting, shareholders and the board of directors approved a 10-to-1 rollback…
Shear rolls back shares and changes name
At the opening bell on December 30, Shear Minerals will begin trading on a consolidated basis under the new name of Shear Diamonds (SRM-V). At the company’s recent annual meeting, shareholders and the board of directors approved a 10-to-1…
Chidliak’s results compare favourably to Diavik
While it’s still early days at Peregrine Diamonds’ (PGD-T) Baffin Island Chidliak diamond project, mini-bulk sample results from the promising CH-6 kimberlite compare well to the kimberlite pipes bein…
Stornoway wheels and deals to acquire rest of Renard
Stornoway Diamond (swy-t) has struck a deal with Soquem to acquire the remaining 50% of the Renard diamond project in Quebec. Under the proposed agreement, Diaquem, a wholly owned subsidiary of Soquem, will receive an equity consideration in…
Diamond results from Chidliak compare favourably to Diavik
While it’s still early days at Peregrine Diamonds’ (pgd-t) Baffin Island Chidliak diamond project, mini-bulk sample results from the promising CH-6 kimberlite compare well to the kimberlite pipes being mined in similar Arctic conditions at the…
Another new kimberlite discovery at Chidliak shows promising potential
The Chidliak diamond project on Baffin Island in Canada’s Far North continues to demonstrate tremendous potential with the release of a new batch of microdiamond results. The latest results show the CH-44 kimberlite has a very promising coarse…
Peregrine’s Chidliak delivers the goods (November 23, 2010)
Highly anticipated mini-bulk sample results from Peregrine Diamonds’ (pgd-t) Baffin Island Chidliak diamond project didn’t disappoint. The CH-7 mini-bulk sample shows a grade of 1-carat-per-tonne and a population of gem-quality diamonds, 15 of…