BHP shuts Anglo out of Ekati
It was a relationship that couldn’t last: BHP Billiton has notified its global rival, Anglo American, that it would not renew its agreement allowing Anglo subsidiary De Beers the right to marke…
De Beers Consolidated Mines Limited
Afri-Can tops up Block J stake (October 07, 2002)
With a final payment of $125,000 to its Australian partner, Woduna Mining Holding, Afri-Can Marine Minerals (AFA-V) has boosted to 70% its interest in the Block J marine diamond concession, 105 km nor…
Recovery of large gem stones key to advancing Gahcho Kue
The latest bulk sample results from the Gahcho Kue joint-venture project in the Northwest Territories again confirm the presence of big-carat diamonds in the 5034 pipe.De Beers recovered 1,215 carats …
Glencairn doubles cash
Junior Glencairn Explorations (GLJ-V) has added $2.4 million to its coffers by privately placing 4.8 million units at 50 apiece.A unit consists of one share and half a share purchase warrant, with a …
De Beers confirms commitment to Canada
Although its roots are in South Africa, De Beers believes the emphasis given to Canadian diamond exploration is fully justified. Last year, Canada accounted for 40% of the US$73 million the company sp…
Knife fight heads to court
Unable to come to terms with the Canadian exploration division of De Beers over the signing of a joint-venture agreement concerning the Knife Lake project in Nunavut, Rhonda (RDM-V) has ended discussi…
Victoria Island drilling hits dyke system
Diamonds North Resources (DDN-V) has intercepted multiple kimberlite dykes while drill-testing two targets at the Blue Ice property on Victoria Island in Nunavut.Six separate intervals of kimberlite w…
Diamonds North targets Victoria Island (July 08, 2002)
Hoping to capitalize on a revitalized diamond exploration sector that has been fueled by recent kimberlite discoveries in Quebec and the Coronation district of Nunavut, Major General Resources has spu…
Fort la Corne play takes shape
Saskatchewan is the Rodney Dangerfield of diamond plays: it gets no respect.After a decade of lethargic exploration and mundane results, which were eclipsed by the more exciting discoveries in the Lac…
Diamond potential near Wawa lures big guns
An unusual diamond occurrence near Wawa in northern Ontario is attracting the attention of De Beers and Kennecott Canada Exploration.A package of unassuming Archean alkaline metavolcanic rocks is yiel…
Diamondex budgets $3-4m for exploration in ’02
Having discovered and developed the Snap Lake diamond project, which De Beers purchased in 2000 for about $480 million, the technical team of Diamondex Resources (DSP-V) is continuing to explore for k…
De Beers sees Canada as top priority
De Beers has allocated more than half its 2002 global exploration budget to The Great White North, and that, when combined with planned expenditures on the Snap Lake and Victor diamond projects, means…