Diamonds


Peregrine to acquire Kettle River

Peregrine Diamonds (PGD-T) is boosting its stake in the WO diamond project in the Northwest Territories and, in turn, the DO-27 pipe by merging with Kettle River Resources (KRR-V, KRRSF-O).


ABER DIAMONDThis past winter's shortened ice road season in the Arctic delayed the transport of large items, and forced De Beers to fly others in at Gahcho Kue at a higher cost. Here a 24-wheeler hauls a 200-tonne payload compartment of a much larger truck across a winter road to the Diavik diamond mine, 300 km northeast of Yellowknife, N.W.T. Diavik Diamond Mines is owned 40% by Aber Diamond Mines, with the remainder held by Rio Tinto.

Gahcho Ku on path to production in 2012

With the Snap Lake underground mine in the Northwest Territories and the Victor open-pit operation in northern Ontario already under construction, De Beers, the world’s leading diamond player, is look…






603-ct Lesotho diamond sells for US$12M

South African Diamond (Safdico), the manufacturing arm of London-based jeweller Laurence Graff, paid US$12.36 million for the 603-carat “Lesotho Promise Diamond” found at the Letseng diamond mine in L…






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