Editorial: Nickel Cuts Hit Home
The steep fall in nickel prices since July finally translated into production cuts by the majors in Canada’s nickel camps during the week ended Dec. 6, the 49th trading week of 2008.
Diamonds
Mexivada starts artisanal diamond mining in Sierra Leone
The 968-carat “Star of Sierra Leone” diamond was discovered in 1972 — just a few miles north of where …
Diamonds In For A Rough Ride, But Future’s Still Brilliant
Saskatoon, Sask. — As diamond producers and explorers alike consider the global financial situation, they know they are in for a rough ride. However, even before the financial crisis hit, most in the…
Vaaldiam Looks To ‘Stop The Bleeding’
Vaaldiam Resources (VAA-T, VAAFF-o) says the world financial crisis and a 25% drop in rough diamond prices since September have forced it to shut down its Duas Barras alluvial diamond mine in Minas Ge…
BHP Backs In On Peregrine’s Chidliak
BHP Billiton (BHP-N, BLT-l), the principal owner of Canada’s wildly successful Ekati diamond mine in the Northwest Territories, seems to think Peregrine Diamonds’ (PGD-t) Chidliak project, on southern…
Arctic Star Diamond Pushes Ahead With Nickel Discovery
When junior explorer Arctic Star Diamond (ADD-v) acquired its Credit Lake property — “within sight of Canada’s greatest diamond mines” in the Northwest Territories four years ago–it didn’t expect to…
Vaaldiam puts on the brakes
Vaaldiam Resources (VAA-T) says the world financial crisis and a 25% drop in rough diamond prices since September h…
BHP Billiton backs Peregrine Diamonds on Baffin Island
BHP Billiton (BHP-N, BLT-L), the principal owner of Canada’s wildly successful Ekati diamond mine in the Northwest …
Arctic Star Diamond pushes ahead with nickel discovery
Sometimes exploration is like opening a box of chocolates — you never quite know what you’re going to get &n…
Nature of Diamonds lights up the ROM
In the depths of the Michael Lee- Chin Crystal’s lower levels, at the Royal Ontario Museum, a hushed group of media and diamond enthusiasts alike gathered for the opening of “The Nature of Diamonds” i…
Renard jumps another hurdle for Stornoway, Soquem
Vancouver — A positive scoping study for its Renard diamond project has boosted Stornoway Diamond’s (SWY-T, SWYDF-o) confidence that it might someday develop Quebec’s first diamond mine.
Editorial: Loonie plunges as oil prices slide
Canada’s loonie seems to dip and dive just like any other petrodollar these days, if the week ended Oct. 25, the 43rd trading week of 2008, is anything to go by.