Partners eye Jericho
Vancouver — A kimberlite float sample west of the Jericho pipe in Nunavut has proved diamondiferous for partners Tahera (TAH-T) and Kennecott Canada Exploration.The 7-kg sample was collected from the…
Ekati Diamond Mine
Diamondex gains ground
Randy Turner’s Diamondex Resources (DSP-V) has struck an agreement to acquire a 70% interest in the Peregrine property in Nunavut.Situated in the emerging Coronation Bay kimberlite camp, 520 km north …
Aber to enter exclusive ranks of diamond producers
Lac de Gras, N.W.T. — Ten years after Charles Fipke’s milestone diamond discovery in the Northwest Territories, the only major Canadian player left in the wake of recent acquisitions and consolidatio…
Good quarter for Dia Met
Higher production from the Ekati diamond mine in the Northwest Territories and sharply lower interest expenses have meant a near-doubling in earnings for Dia Met Minerals (DMM-T).The company posted ne…
Diavik inches toward completion
Construction of Canada’s next diamond mine is 58% complete and remains on schedule for completion in April 2003.London-based Rio Tinto (RTP-N) and Toronto-based Aber Diamond (ABZ-T) are spending a tot…
FPO Production from Snap Lake project delayed until 2006
A depressed rough diamond market has given De Beers cause to push back production from the Snap Lake underground diamond project in Canada’s Far North until 2006, more than a year longer than was orig…
Tahera options Jericho project to Kennecott Canada
A series of restructuring moves is enabling Tahera (TAH-T) to step up exploration of its extensive landholdings in the Northwest Territories and Nunavut.In the latest development, the junior optioned …
Global Diamond Diavik project inches toward April 2003 startup
Construction of the Diavik diamond mine is nearly one-third finished, with startup slated for April 2003.When all is said and done, London-based Rio Tinto (RTP-N) and Toronto-based Aber Diamond (ABZ-T…
Old Rio mines bolster BHP-Billiton
Added production from mines acquired in the Rio Algom takeover nudged BHP-Billiton’s (BHP-N) copper production past the 1-million-tonne mark for the fiscal year ended June 30.The newly merged miner’s …
Full steam ahead at Diavik mine
Construction of what will be Canada’s second diamond mine is in full swing at a time when the nation’s diamond industry is marking the 10th anniversary of Chuck Fipke’s monumental discovery.London-bas…
New kimberlite found on Rockinghorse
Drilling by Kennecott Canada Exploration on Tahera’s (TAH-T) Rockinghorse property in Nunavut has uncovered a new kimberlite body.The so-called Anuri kimberlite was discovered near the head of the pro…
King drilling advances in Far North
Vancouver — Diamondex Resources (DSP-V) is stepping up the pace of exploration at its wholly owned King property in the Northwest Territories.The junior is drilling holes 4 and 5 as part of a $2.7-mi…