De Beers to drill Ken Hicks target in NWT
De Beers Canada Exploration continues to search for the elusive source of the Ken Hicks kimberlite indicator mineral train on the LA 1-2 claims of the Doyle Lake joint venture project in the Northwest…
De Beers Consolidated Mines Limited
SouthernEra re-invents itself as PGM miner
Once attached exclusively to diamonds, SouthernEra Resources (SUF-T) has turned its attention to platinum group metals — in particular, the advanced Messina project in South Africa.SouthernEra made t…
Market catches gold fever
Denver — The Dow Jones industrial average surged again after a brief respite, climbing 384.27 points, or 3.5%, to 11,257.24, its highest point in 15 months. The Nasdaq hit 2313.85.Spot gold on the Ne…
Gold weathers latest auction
Denver — The Dow Jones industrial average dipped 10.54 points, or 0.01%, to 10,872.97 for the report period ended May 15, despite a 0.5% interest rate cut by the U.S. Federal Reserve.However, spot go…
Ashton Canada put on block
Rio Tinto (RTP-N) is selling its 65.9% stake in Ashton Mining of Canada (ACA-T).The London-based major acquired the controlling block in the Canadian diamond explorer through the US$418-million takeov…
De Beers completes sample
De Beers Canada Exploration has collected additional mini-bulk drill samples from two of the highest-value pipes at the Kennady Lake joint venture in the Northwest Territories. The wholly owned subsid…
Diamondex uncovers kimberlite at King
Diamondex Resources (DSP-V) is adding a third rig to its wholly owned King property in the Northwest Territories, where a $2.7-million program is testing a possible downdip extension of the Snap Lake …
Drilling heats up at LDG
De Beers Canada Exploration has begun drill-testing at least three targets on the LDG (formerly Thor) diamond property in the Northwest Territories.The project covers 500 sq. km near Lac de Gras, abou…
Market rally gathers steam
Denver — The Dow Jones industrial average chugged ahead, gaining 444 points, or 4.2%, in the April 25-May 1 report period to close at 10,898.34, its highest point since mid-February.Most issues were …
More stones at Fort la Corne
Based on results from last year’s bulk-sampling of two kimberlites at the Fort la Corne project in Saskatchewan, partners Kensington Resources (KRT-V) and De Beers Consolidated Mines (DBRSY-Q) are c…
De Beers offer sweetened
The bid by a group led by Anglo American (AAUK-Q) to take De Beers Consolidated Mines (DBRSY-Q) private has been raised by US$2 for the benefit of minority shareholders who were holding out for a bett…
Rate cut propels market rally
Denver — The Dow Jones industrial average continued climbing after the U.S. Federal Reserve announced a surprise interest rate cut of 0.5%. The market finished the April 18-24 report period up 237.61…