De Beers bids $107M for Peregrine
De Beers has tabled a friendly bid for Peregrine Diamonds (TSX: PGD; US-OTC: PGDIF) of 24¢ in cash per share that values the Canadian diamond exploration company at $107 million….
Mountain Province Diamonds Inc
All that glitters in the True North: The latest from diamond miners in Canada
The latest news from active diamond explorers, developers and miners in Canada. Altius Minerals Altius Minerals (TSX: ALS) is planning to spin off its Lynx project, located near Oxford…
Gahcho Kué makes the grade
After reaching commercial production on March 1, De Beers’ and Mountain Province Diamonds’ (TSX: MPVD; NASDAQ: MPVD) Gahcho Kué mine pushed into high gear with full production in mid-year. On…
Dominion Diamond’s new chapter
One of the biggest deals to hit the diamond world recently is the sale and privatization of Dominion Diamond (TSX: DDC; NYSE: DDC), Canada’s premier diamond miner and the world’s…
Top 10 Canadian-based diamond companies
Canada is the fifth-largest diamond producer in the world, according to the Mining Association of Canada. Last year two new diamond mines came into production: Gahcho Kué in the Northwest…
Q&A: BMO’s Ed Sterck talks demonetization and diamond equities
In late 2016 and early 2017 the diamond market felt the effects of India’s demonetization, which saw 500-rupee and 1,000-rupee bills suddenly removed from the market last November. The move…
Kennady eager to build on proven potential
KELVIN CAMP, NORTHWEST TERRITORIES — Kennady Diamonds (TSXV: KDI) has already tripled early targets at Kennady North, Canada’s most advanced diamond exploration project — and there’s an eagerness to get…
Five reasons diamond stocks have been dragging
In the first quarter of 2017, a market-cap weighted aggregation of diamond miners in U.S. dollars including Alrosa (RTS: ALRS), Petra Diamonds (LSE: PDL), Dominion Diamond (TSX: DDC; NYSE: DDC),…
A changing landscape: Diamonds in Canada Editorial
Outside of the two new mines opening up in Canada — Stornoway Diamond’s Renard and De Beers and Mountain Province Diamonds’ Gahcho Kué — there hasn’t been a lot to…
Gahcho Kué achieves commercial production
Seven months after turning out its first diamonds last August, De Beers and Mountain Province Diamonds’ (TSX: MPVD; NASDAQ: MPVD) Gahcho Kué mine in the Northwest Territories began commercial production…
Diamonds add sparkle to NWT’s economy
VANCOUVER — It’s been 25 years since diamonds were found in the Northwest Territories (NWT) at Lac de Gras, and Hendrik Falck, mineral deposits geologist from the Northwest Territories Geoscience…
The millennial mindset and diamonds: Editorial
Born between 1981 and 2000, the millennial generation will reach their highest earning potential in another 10 years. That makes them an important age group in terms of current and…