Editorial: Diamond market in wait-and-see mode
The response of diamond miners to the decline in rough prices over the past year — they’ve fallen around 16%, according to the WWW rough diamond index — has been…
De Beers Consolidated Mines Limited
Big changes at De Beers Canada
In a plan that is expected to be complete by the end of next June, De Beers Canada is moving its headquarters to Calgary from Toronto as part of a…
Editorial: Commodities rout tests miners’ pain threshold
July has been such a brutal month for commodities producers that even last year’s prices are looking pretty good now. The rout in commodities prices in recent weeks has been unrelenting, wide-ranging and driven by macroeconomic factors…
Diamond stocks stronger than ever: analyst Des Kilalea
Fresh off RBC Capital Markets’ 8th annual diamond conference, held in March in Toronto, Diamonds in Canada interviewed RBC mining analyst Des Kilalea in late March. Kilalea discussed the state…
Around the world: The latest news from 18 Canadian-listed diamond plays
Alto Ventures In April, Alto Ventures (TSXV: ATV) reported that 12 of 37 till samples taken at its West Fisher claims, 12 km northwest of North Arrow Minerals’ Pikoo project…
Editorial: Plenty to do for proposed association
No one is forecasting that 2015 will be a boom year for diamonds, but diamond miners are still looking good.. “Our view is that the diamond sector continues to offer…
Editorial: Reading the tea leaves
Lukas Lundin, the chairman of Lucara Diamond may be bullish on diamonds (see Page 5), but he doesn’t see things improving for diamond juniors in the near term. “The general…
De Beers the jewel of Anglo American as iron-ore price drops
Other diversified mining giants have had second thoughts about diamonds, but Anglo American (US-OTC: AAUKY; LSE: AAL) never seemed in doubt about its interest in De Beers — the world’s largest diamond miner by value.
Challenges abound for diamond industry, despite growing demand: De Beers
In its first detailed public report on the state of the diamond industry, diamond miner and retailer De Beers paints a picture of an industry that will likely struggle to meet demand while facing increasing competition from other luxury…
The state of global rough diamond supply in 2014
Global production of rough diamonds in 2014 is expected to reach roughly 135 million carats valued at US$17.8 billion, an increase of 3% over last year. The world’s 50 largest…
Editorial: Diamonds a lodestar in Canadian mining firmament
While much of the global mining industry has been limping along under sagging commodities prices and looming oversupply, one of the brightest spots has been the Canadian diamond-mining industry, which has weathered its wild, rocky youth and…
Treasure Hunters: The latest from Canadian-listed diamond explorers, developers and miners
The markets continue to be tough for diamond companies at nearly every stage, with diamond prices having taken a tumble in 2012. Here’s a look at how diamond companies are…