Stornoway to Take Up Ashton, Contact Shares
Stornoway Diamond (SWY-T, SWYDF-O) has taken up the shares tendered under its bids for Ashton Mining of Canada (ACA-T, AMCFF-O) and Contact Diamond (CO-T, CONPF-O), but Ashton management still opposes…
Diamonds
Patrician Diamonds’ Sahtu Drilling Disappoints
Vancouver — Drill results from Patrician Diamonds’ (PXC-V, PCGDF-O) Sahtu project, in the McKenzie River Valley region of the Northwest Territories, disheartened investors and prompted a sell-off in…
Diamonds North Finds More Amaruk Kimberlites
A first pass of drilling by Diamonds North Resources (DDN-V, DNORF-O) on its wholly owned Amaruk property in the Pelly Bay area of Nunavut has resulted in the discovery of four new kimberlite bodies,…
Promising results from Tli Kwi Cho
Despite falling well short of recovering 3,000 tonnes of bulk sample from the DO-27 kimberlite pipe this past year, Peregrine Diamonds (PGD-T) is encouraged by the results from the 548 dry tonnes it d…
Stornoway to take up Ashton, Contact shares
Stornoway Diamond (SWY-T, SWYDF-O) has taken up the shares tendered under its bids for Ashton Mining of Canada (ACA…
Stornoway, Rio change break fee (September 11, 2006)
Stornoway Diamond (SWY-T, SWYDF-O) and Rio Tinto (RTP-N, RIO-L) have agreed to changes in their lock-up agreement that would see a $2-million break fee paid out to all shareholders of Ashton Mining of…
BCSC dismisses Ashton application
The application by Ashton Mining of Canada (ACA-T, AMCFF-O) to have the British columbia Securities Commission issu…
Stornoway, Rio change break fee (September 05, 2006)
Stornoway Diamond (SWY-T, SWYDF-O) and Rio Tinto (RTP-N, RIO-L, RIO-A) have agreed to changes in their lock-up agre…
Ashton rejects Stornoway offer
The board at Ashton Mining of Canada (ACA-T, AMCFF-O) has rejected the takeover bid for the company made by Stornoway Diamond (SWY-T, SWYDF-O), and is talking to other possible bidders to get a better…
Strong retail demand offsets challenging rough diamond market
Despite difficult trading conditions in the rough diamond market during the first half of 2006, demand for diamond jewelry at the retail consumer level has remained vibrant, with an estimated growth o…
Tahera’s Jericho mine brings some sparkle to Nunavut
Jericho mine, Nunavut — It may be a small beginning, but it is certainly an auspicious one. Toronto-based Tahera Diamond (TAH-T, TAHEF-O) recently celebrated the official opening of its Jericho diamo…
Patrician Diamonds’ Sahtu drilling disappoints
Vancouver – Drill results from Patrician Diamonds’ (PXC-V, PCGDF-O) Sahtu project, in the McKenzie River Valley reg…