De Beers takes US$965M hit for Snap Lake
Capital cost overruns at De Beers’ Snap Lake diamond mine in the Northwest Territories forced the company to take a US$965-million impairment charge in its 2007 yearend results.
Capital cost overruns at De Beers’ Snap Lake diamond mine in the Northwest Territories forced the company to take a US$965-million impairment charge in its 2007 yearend results.
Australia-based mineral analysis company Intellection has merged with Welsh geoscience firm X-Ray Mineral Services (XMS).
The mine life for Canadian Royalties’ (CZZ-T, CRYAF-O) Nunavik Nickel project could be doubled to 18 years by mining the Mequillon deposit, a preliminary economic assessment says.
The week ended Feb. 9, the sixth trading week of 2007, was punctuated by another setback for Canada’s emerging diamond mining industry, with De Beers taking a severe haircut at its new Snap Lake mine,…
The U.S. Geological Survey has announced the 2008 recipients of the Mineral Resources External Research Program grant.
VANCOUVER–Shares of Tamer-lane Ventures (TAM-V, TMLVF-O) posted a 93% gain on strong volume in recent trading, closing up 42 to 87 apiece on a high-grade lead-zinc intercept from its Pine Point pro…
More results from New Nadina Explorations’ (NNA-V, NNADF-O) RIP kimberlite, in the Northwest Territories, is proving that the pipe is anything but dead in terms of diamond potential.
NovaGold Resources (NG-T, NG-X) will maintain its 60% interest in the Copper Canyon property, choosing not to exerc…
Kirkland Lake Gold (KGI-T, KGI-L) and Queenston Mining (QMI-T) have intersected high-grade gold mineralization with…
HudBay Minerals (HBM-T, HBMFF-O) has cut a $2.4-million cheque to Callinan Mines (CAA-V, CCNMF-O) this month as pa…
Gryphon Gold (GGN-T, GYPH-O) and American Bonanza Gold (BZA-T, ABGFF-O) have tabled plans to merge. A letter of int…
Independent Nickel (INI-T) has intersected higher than expected nickel grades within its existing resource model at…
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