Signs of life in the diamond space
In the 1990s, Aber Diamond was one of the first to join Canada’s diamond rush, set off by the discovery of diamonds in the Northwest Territories by Dia Met Minerals…
Rio Tinto plc
Dominion sees improving market in Q4
Dominion Diamond’s (DDC-T, DDC-N) fourth-quarter and year-end results for fiscal 2013 reveal an improving diamond market in the final quarter of last year, with rough prices increasing by 11%. Sales…
A diamantaire/miner’s view of the diamond market
Whither the diamond? It’s a good question. Ask the man on the street about the diamond industry, and he’ll insist that it couldn’t be going better — hell, diamonds are…
Bob Gannicott on Dominion Diamond’s new vision
Since Canada’s second diamond mine, Diavik, went into production in 2003, its 40% owner — at that time known as Aber Diamond — has been looking for other quality diamond…
Denison to buy uranium explorer Fission
Denison Mines (DML-T, DNN-X) is staying true to its strategy of becoming a leading uranium explorer in the eastern Athabasca Basin region of Saskatchewan by agreeing to acquire Fission Energy (FIS-V) for roughly $70 million.
Pierre Lassonde: The gold guru sounds off on diamonds
In a frank discussion with Diamonds in Canada in late September, the cofounder and now chairman of Franco-Nevada (FNV-T, FNV-N) and ex-Newmont Mining (NMC-T, NEM-N) CEO explains why he believes…
Unable to go big, BHP and Rio Tinto go home
In the space of just a few months, both BHP Billiton (BHP-N, BLT-L) and Rio Tinto (RTP-N, RIO-L) announced they were reviewing their diamond businesses. BHP, the 80% owner of…
This industry’s ‘ripe for consolidation’
Pierre Lassonde built his remarkably successful career on gold, as cofounder and chairman of gold royalty powerhouse Franco-Nevada, a former CEO of Newmont Mining, a past chairman of the World…
Queensland’s new tax angers coal miners
Australia’s biggest miners say the Queensland government’s latest move to hike royalties on coal operations will cause more job losses and project cancellations in the troubled sector.
Queensland’s new coal royalties upset miners
Australia’s biggest miners say the Queensland government’s move to hike royalties on coal operations will cause more job losses and project cancellations in the troubled sector.
Turquoise Hill, Rio Tinto push ahead at Oyu Tolgoi
Turquoise Hill Resources (TRQ-T, TRQ-N), formerly known as Ivanhoe Mines, says the first construction phase at its sizeable 66%-held Oyu Tolgoi copper-gold project in Mongolia’s South Gobi desert is wrapping up, with initial production…
BHP delays Olympic Dam expansion
BHP Billiton’s (BHP-N, BLT-L) decision to delay a US$30-billion dollar expansion of its Olympic Dam copper-uranium-gold mine in South Australia due to escalating capital costs will put a forecasted uranium supply deficit under even…