Diamonds look ‘relatively good’
We are now more than two years into a mining industry downturn that has punished miners, developers and explorers of all commodities. But many of the Toronto-listed diamond stocks that…
Canada
Renard ready to build
For diamond junior Stornoway Diamond (TSX: SWY), going it alone at its Renard development project in Quebec has come with its challenges. Having to contend with terrible equity markets while…
De Beers eyes Victor expansion
De Beers Canada is studying an expansion of its Victor diamond mine in northern Ontario. A second open pit at the operation, 6.5 km northwest of the current pit, would…
Mountain Province, Kennady, find ray of sunshine in gloomy market
In a market that has brought juniors and miners of every commodity to their knees, Patrick Evans is president and CEO of not one, but two high-flying diamond juniors. “There…
De Beers walks away from Peregrine’s Chidliak
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…
Dominion looks to add life to Ekati
After taking control of the Ekati diamond mine in the Northwest Territories earlier this year, Dominion Diamond (TSX: DDC; NYSE: DDC) is working to extend the life of Canada’s first…
Kennady plans mini-bulk sample
Spun off from Mountain Province Diamonds (TSX: MPV; MDM: NYSE-MKT) in 2012, Kennady Diamonds (TSXV: KDI) has delivered well above expectations at its Kennady North project, adjacent to Gahcho Kué….
Grenville Thomas takes aim with North Arrow Minerals
He’s been in the business for 56 years. He was integral in developing Canada’s diamond sector. He has been named Prospector of the Year by the Prospectors and Developers Association…
Rio Tinto to stay in the diamond business
Rio Tinto (RIO-N, RIO-L) announced in June that it will hang onto its diamond assets after all, concluding a strategic review of the business that the miner began in March…
Kirkland Lake sells Macassa royalty to Franco-Nevada
VANCOUVER — Royalty and metal streaming agreements have risen to prominence over the past few years, and Ontario-based Kirkland Lake Gold (TSX: KGI; LON: KGI) opted to get in on the action on Oct. 29, when it inked a royalty agreement…
TSX Venture Exchange, Oct. 21-25
The S&P/TSX Venture Composite Index jumped 2.4%, or 22.61 points, before closing out the period at 973.58. Precious-metal futures rose, while energy and base-metal prices remained relatively static. Markets were bolstered by strong earnings…
Brigus Gold could extend mine life at Black Fox
Orebodies in the Timmins camp of Ontario often surpass depths of 1,000 metres, so investors in Brigus Gold (TSX: BRD; NYSE-MKT: BRD) cheered when they heard that a downdip test hole drilled from the underground at the company’s Black Fox…