Diamonds

Darby disappoints

New kimberlites discovered by Indicator Minerals (IME-V, IMEEF-O) in the Pelly Bay area of Nunavut show few microdiamonds.



ROB ROBERTSONThe pit at Tahera Diamond's Jericho mine in the Northwest Territories. The mine is underperforming thus far and the company posted a $10.8-million loss in its third quarter.

A little rough

Strapped for cash, Tahera Diamond (TAH-T) is counting on a $30-million private placement from Teck Cominco (TCK.B-T, TCK-N) to help stem the tide while it attempts to right the underperforming Jericho…


SHORE GOLDThe view of Shore Gold's Star diamond project from about 5,000 ft.

Shore wishes upon a Star

Long perceived as consisting of little more than low-grade, highly complex, geological oddities, the Fort la Corne kimberlite field in north-central Saskatchewan is now known to host one of the most…


Hudson delivers more Greenland diamonds

Vancouver — With another batch of diamonds from its Greenland drilling program, Hudson Resources (HUD-V, HUDRF-O) has once again upped the size of the largest stone found in the region to 0.122 carat…



Teck puts $30M into Tahera

Vancouver — Teck Cominco (TCK.B-T, TCK-N) plans to invest $30 million in Tahera Diamond (TAH-T, TAHEF-O) through a private-placement that would give the major a 16% stake in Canada’s newest diamond m…



Iceberg Proves Diamond-Bearing but Shows Low Count

Despite disappointing microdiamond counts from the newly discovered Iceberg kimberlite, Indicator Minerals (IME-V, IMEEF-O) remains enthusiastic about the potential of the Darby project, where some 95…





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