Low macro results won’t dissuade Ashton
A small surface sample of kimberlite float and outcrop collected by Ashton Mining of Canada (ACA-T) from the promising Artemisia kimberlite pipe discovered last fall on the Kim property in Nunavut has…
De Beers Canada Exploration Inc
Block J reveals more gems (February 18, 2002)
An independent sampling program funded by Afri-Can Marine Minerals (AFA-V) and Woduna Mining Holding has recovered several more diamonds from the Block J marine concession in Namibia.De Beers Marine, …
De Beers gains patch on Baffin Island
News that the Canadian exploration division of De Beers has tied up more than 28,000 sq. km in prospecting permits across northern Baffin Island could put the spotlight on Twin Mining’s (TWG-T) Jackso…
Underground plan extends life of Argyle diamond mine
Despite the distinction of being the largest producer of diamonds by volume, churning out around one-quarter of the world’s supply, the Argyle mine accounts for an estimated market share of only 6% by…
Majescor raises funds to explore in Quebec
With diamond fever gripping Quebec, Majescor Resources (MAJ-V) has raised $900,000 from two private placements brokered by Dundee Securities.The private placements grossed $500,000 from the sale of 83…
FPO De Beers looks to trim costs at Victor
Despite mixed results from a study of the Victor diamond project in the James Bay Lowlands of Ontario, De Beers Canada says it intends to proceed with a prefeasibility study.Few details of the scoping…
AK claims yield more diamonds (October 01, 2001)
A total of 1,665 carats of diamonds have been recovered from sample concentrates from the Hearne and 5034 kimberlite pipes on the AK claims in the Northwest Territories.Drilling by De Beers Canada, a …
FPO Production from Snap Lake project delayed until 2006
A depressed rough diamond market has given De Beers cause to push back production from the Snap Lake underground diamond project in Canada’s Far North until 2006, more than a year longer than was orig…
Ashton discovers kimberlite south of Coronation Bay
A decision by Northern Empire Minerals (NEM-V) to fund its share of drilling on the Kikerk Lake diamond joint-venture project has paid off with the discovery of a new kimberlite body, dubbed Potentill…
CDNX slides in wake of terrorist attacks
Vancouver — Canada’s junior exchange continued its downward slump over the week ended Sept. 18. The Canadian Venture Exchange composite index plunged 101.34 points, or 3.45%, to finish the week at 2,…
MZ Lake yields diamonds
Vancouver — Three of the four near-surface, sub-parallel kimberlite sills cut by De Beers Canada Exploration in the MZ Lake area have returned varying amounts of microdiamonds.The major hit the sills…
Drilling a bust at LDG
Drilling by De Beers Canada Exploration on the LDG (formerly Thor) property in the Northwest Territories failed to intersect kimberlite.Three targets were drilled on the basis of till sampling and gro…