Lukas Lundin talks diamonds
Lukas Lundin is bullish on diamonds. The famed mining mogul and chairman of Lucara Diamond (TSX: LUC) sees rising demand and a lack of new discoveries as underpinning the healthy…
De Beers Canada Corporation
Canada’s mini-staking rush
After going into hibernation in the wake of the Great Recession, diamond juniors are slowly rousing and getting back into the field. Inspired by Kennady Diamonds’ (TSXV: KDI) success at…
Digging for diamonds
A roundup of the latest news from Canadian-listed diamond explorers, developers and miners. Afri-Can Marine Minerals Afri-Can Marine Minerals (TSXV: AFA) reported in January the results of a positive prefeasibility study…
Gahcho Kué takes shape
If you ask Patrick Evans, chief executive of Mountain Province Diamonds (TSX:MPV; NYSE: MDM), what surprised him most about the results of an updated feasibility study released in April for…
Diamonds shining once again
In our last issue, I asked whether there had been a shift in sentiment toward the diamond sector, which survived 2013 in much better shape than the rest of the…
Diamonds look ‘relatively good’
We are now more than two years into a mining industry downturn that has punished miners, developers and explorers of all commodities. But many of the Toronto-listed diamond stocks that…
De Beers eyes Victor expansion
De Beers Canada is studying an expansion of its Victor diamond mine in northern Ontario. A second open pit at the operation, 6.5 km northwest of the current pit, would…
Mountain Province, Kennady, find ray of sunshine in gloomy market
In a market that has brought juniors and miners of every commodity to their knees, Patrick Evans is president and CEO of not one, but two high-flying diamond juniors. “There…
Partners move Gahcho Kué forward
Mountain Province Diamonds (MPV-T, MDM-X) and De Beers completed ice road deliveries to the Gahcho Kué diamond joint venture, 300 km northeast of Yellowknife in the Northwest Territories, at the…
Diamcor Mining closes in on first diamond sale
Diamond junior Diamcor Mining (DMI-V) is flying high: The junior’s share price has gone from a low of 26¢ late last year to a 52-week high of $1.41 in late…
India to the rescue?
China’s rising appetite for diamonds is often the focus of attention for diamond-watchers, but there’s another Asian giant that plays a pivotal role in the market. Like China, India has…
Sparring partners approve FalC budget (May 01, 2006)
Despite ongoing legal wrangling, the Fort la Corne (FalC) joint-venture partners have unanimously approved a whopping $43.2-million exploration budget for their 225-sq.-km diamond project, about 60…