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An aerial view of the Diavik mining complex on Lac de Gras, about 300 km north of Yellowknife, N.W.T.

Diavik mine exceeds expectations

The Diavik diamond mine in Canada’s Far North completed its first ramp-up year of operations in 2003, producing more than 3.8 million carats of rough diamonds at an operating cash cost of US$31 per carat.



Breakwater ends Q4 in black

Zinc miner Breakwater Resources (BWR-T) enjoyed a fourth-quarter profit of $327,000, largely as a result of foreign-exchange gains.


BHP Billiton boosts nickel business (March 29, 2004)

Anglo-Australian giant BHP Billiton (BHP-N) has approved a US$1.4-billion plan to develop its Ravensthorpe nickel laterite deposit in Western Australia. The scheme also calls for a doubling of capacity at the Yabulu nickel refin…


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