Corrections (November 04, 2002)
Southern Star Resources is a wholly owned subsidiary of Colorado-based Golden Star Resources (GSC-T). Shares of publicly listed Southern Star Resources (YSO-V) trade on the Toronto Stock Exchange with…
Ekati Diamond Mine
Summer work in NWT yields new crop of kimberlites
More than a decade after diamonds were first found in Canada’s Far North, new discoveries of kimberlite continue to be reported in the Northwest Territories and Nunavut.An autumn drilling program on t…
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 …
Dummett killed in road accident
Geologist Hugo T. Dummett, whose knowledge of diamond exploration made BHP Billiton (BHP-N) a major force in world diamond mining, has died. He was 62.Dummett was killed in a single-car accident on a …
SouthernEra recovers gems
The first hole drilled into the Sue kimberlite pipe in the Northwest Territories has yielded 95 diamonds for SouthernEra Resources (SUF-T).Sue is part of the Yamba Lake property, in which SouthernEra …
Placer targets takeover of Aussie miner
Vancouver — Falling metal prices over the past few years may have initiated consolidation in the mining industry, but as the price of bullion rises to levels not seen since 1999, the wave of mergers …
Kennecott comes up empty at Jericho
Kennecott Canada Exploration unsuccessfully tested 20 exploration targets during spring drilling at Tahera’s (TAH-T) wholly owned Jericho diamond project in Nunavut.A number of kimberlite indicator mi…
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…
Diamonds gain momentum
Diamond mines and pipelines continue to be hot topics of discussion and speculation across the Northwest Territories. As we move into our second decade of diamond discovery, the Northwest Territories …
Low macro results won’t dissuade Ashton
A small surface sample of kimberlite float and outcrop collected by Ashton Mining of Canada (ACA-T) from the promising Artemisia kimberlite pipe discovered last fall on the Kim property in Nunavut has…
Merger mania grips mining industry in 2001
Against a rather grim backdrop that included an American economy slipping into recession, worldwide commodity deflation and a new war on terrorism, the big story in 2001 for the North American mining …