The S&P/TSX Composite Index ended the trading week relatively flat, as concerns about the U.S. Federal Reserve curbing its monetary stimulus lingered. Canada’s benchmark index fell 4 points to 13,478.34 points, after touching…
Peregrine Diamonds (PGD-T) announced in October that diamond giant De Beers has decided not to exercise an option to earn 50.1% of the Chidliak diamond project, in Nunavut. De Beers…
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…
One year after BHP Billiton (BHP-BLT-L) announced it was looking at selling its diamond business, the company has found a buyer in Harry Winston Diamonds (HW-T, HWD-T).
Financing opportunities are hard to come by, particularly for junior companies far from production, which could explain why Peregrine Diamonds’ (PGD-T) shares have been climbing since the firm announced a $10-million financing on Oct. 25.
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…
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…
Good financing opportunities are hard to come by, particularly for junior companies far from production, largely explaining why Peregrine Diamonds’ (PGD-T) shares have been climbing since the firm announced a $10-million financing on…
The TSX Composite Index went into the Labour Day weekend on a down turn as it shed 148 points to 11,949.26 for the Aug 27-31 period.
Afri-Can Marine Minerals (AFA-V) completed a sampling program last April at the EPL 3403 seabed diamond project off the coast of Namibia. The company recovered 84 diamonds, 15 of which…
When Peregrine Diamonds (PGD-T) lost BHP Billiton (BHP-N, BLT-L) as a 51% partner at Chidliak late last year, it didn’t look good for the junior. BHP’s withdrawal from the project…
Rio Tinto (RIO-N) is pondering whether its diamond assets have lost their sparkle. The world’s third-largest miner has launched a strategic review of three diamond mines and one advanced diamond project to determine if they fit its…
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