Shore Gold releases Orion South bulk sample diamond results
Shore Gold (SGF-T) has completed an underground bulk sample test of the Orion South kimberlite, part of the Fort a …
Diamonds
Russia: The Last Frontier?
Take one look at a map of the vast, largely untapped land mass that is Russia, and the country’s staggering mineral potential becomes obvious.
Russia: the last frontier?
Take one look at a map of the vast, largely untapped land mass that is Russia, and the country’s staggering mineral…
Rio Tinto To Idle Diavik, QIT-Fer
Autumn’s global collapse in diamond demand continued to ripple through Canada’s diamond mines during the thirteenth trading week of the year, as the lively Canadian diamond scene grapples with its fir…
Temporary Shutdowns Planned For Diavik
To deal with a global drop in diamond demand, Rio Tinto (RTP-N, RIO-L) is planning two shutdowns at the Diavik mine in the Northwest Territories in the coming months, as well as further delays to the …
Kinross Invests In Ailing Harry Winston
Kinross Gold (K-T, KGC-N) is raising some eyebrows with a surprise move into the diamond business, starting with a US$150-million offer for stakes in diamond miner and retailer Harry Winston Diamond (…
When Harry Met Tye
Kinross Gold served up the biggest surprise of the eleventh trading week of the year, with its first-ever foray into the diamond business in the form of a US$150-million investment in Harry Winston an…
Kinross to buy stake in Harry Winston
Kinross Gold (K-T, KGC-N) is making an usual and sudden move into the diamond business, offering US$150 millio…
Lucara wants Motapa Diamonds
Lucara Diamond (LUC-V) is in talks to acquire Motapa Diamonds (MTP-V). The two companies are joint-venture partners…
Tahera Diamond finds interested party
Vancouver – CCAA-protected Tahera Diamond, the owner of the closed Jericho diamond mine in Nunavut, says it …
Anglo American to cut 19,000 jobs this year
Anglo American( AAUK-Q, AAL-L) plans to axe 19,000 jobs or about 10% of its global workforce this year due to trimmed-back production plans and rescheduled projects.
Shore Gold Looks Beyond Current Diamond Demand Collapse
SASKATOON, SASK. — As with all other commodities, diamonds had a rough year in 2008. All sectors of the diamond pipeline have adjusted, and will continue to adjust to the current economic climate.