Diamond stocks stronger than ever: analyst Des Kilalea
Fresh off RBC Capital Markets’ 8th annual diamond conference, held in March in Toronto, Diamonds in Canada interviewed RBC mining analyst Des Kilalea in late March. Kilalea discussed the state…
News
Diamond producers’ association on the horizon?
More than a decade after De Beers relinquished control of the diamond sector, the major diamond miners are looking at forming a new industry association to co-operate on common issues,…
Around the world: The latest news from 18 Canadian-listed diamond plays
Alto Ventures In April, Alto Ventures (TSXV: ATV) reported that 12 of 37 till samples taken at its West Fisher claims, 12 km northwest of North Arrow Minerals’ Pikoo project…
Editorial: Plenty to do for proposed association
No one is forecasting that 2015 will be a boom year for diamonds, but diamond miners are still looking good.. “Our view is that the diamond sector continues to offer…
Is Kennady North one of a kind?
When Aurora Geosciences was contracted to manage the exploration program at Kennady Diamonds’ (TSXV: KDI) Kennady North project in the Northwest Territories in 2012, there weren’t any clues that the…
Dominion delivers
Despite a softening in rough diamond prices, Dominion Diamond (TSX: DDC; NYSE: DDC) generated significant free cash flow in fiscal 2015 — paving the way for the company’s first dividend…
Capstone ends Q1 in the red
Copper producer Capstone Mining (TSX: CS; US-OTC: CSFFF) widens its loss in the first quarter of 2015 due to impairments at the Pinto Valley mine in Arizona and the Minto mine in the Yukon.
Sirius pushes Nova towards production in Australia
VANCOUVER — It’s been two and a half years since Mark Bennett, managing director and CEO of Australian-explorer Sirius Resources (ASX: SIR; US-OTC: SRQUF), struggled to keep his 5¢-per-share company above water.
TSX Venture loses ground, April 20-24
The S&P/TSX Venture Composite took a step back during the trading sessions, losing 5.23 points en route to a 697.62-point weekly close. Losses were underpinned by falling commodity futures, as manufacturing in China declined to a 52-week…
Wall Street gains, April 20-24
U.S. equities swung back into the positive territory. The Dow Jones Industrial Average increased 1.4% to 18,080.14 points and the S&P 500 Index added 1.8% to 2,117.69. The Nasdaq rose 3.2% to 5,092.08. The gold price, however, fell US$15.30…
Editorial: Not all pleased with Ring of Fire sale
The final week of April saw the closing of Noront Resources’ acquisition of Cliffs Natural Resources’ chromite assets in northern Ontario’s Ring of Fire region. The deal saw a last-minute bump-up in the price to US$27.5…
Suppliers news: Sonic Drilling president awarded for innovation
Canadian engineer Ray Roussy has accepted an award from the International Mining Technology Hall of Fame for developing sonic drilling technology.