Stornoway’s creditors step in to save Renard
Stornoway Diamond (TSX: SWY) and its creditors reached a deal that will see the Renard diamond mine operate during corporate restructuring, after the company’s failure to generate positive free cash…
Stornoway Diamond (TSX: SWY) and its creditors reached a deal that will see the Renard diamond mine operate during corporate restructuring, after the company’s failure to generate positive free cash…
Exceptional diamonds are nothing new for Lucara Diamond’s (TSX: LUC) Karowe mine in Botswana, but this fall has seen the miner unearth coloured gems as well as large high-value Type…
The second annual Diamonds in Canada Symposium, organized by The Northern Miner, took place in Toronto in June. This year’s featured speakers included Chris Jennings, chairman of North Arrow Minerals,…
They say it’s darkest before the dawn. Let’s hope that holds true for the diamond sector. We try to strike a hopeful note here at Diamonds in Canada about an…
Following a strong first half of 2018, the balance of the year and most of 2019 was disappointing for the diamond industry. The most recent 18-month stretch has been described…
When the Diavik diamond mine began production in 2004, there were likely more than a few miners that experienced deep pangs of regret, remembering that they could have had a…
Diamcor Mining’s (TSXV: DMI) Krone-Endora project isn’t a typical diamond development story. The project, next to De Beers’ Venetia mine in South Africa, is an eluvial deposit, representing a direct…
In February, De Beers announced it was consolidating its assets in South Africa and Canada into one entity called De Beers Group Managed Operations. At the same time, Nompumelelo (Mpumi)…
When Signet Jewelers’ (NYSE: SIG) e-commerce subsidiary James Allen began offering man-made diamonds in May, the company added an additional search tab to the site: “earth-created diamonds” or “lab-created diamonds.”…
In early June, Rio Tinto (NYSE: RIO; LSE: RIO) began a planned bulk sample program at Star Diamond’s (TSX: DIAM) Star-Orion South diamond project, 60 km east of Prince Albert,…
In early 2017, Stornoway Diamond (TSX: SWY) achieved commercial production at its 100% owned Renard diamond mine in Quebec. The junior had a lot to celebrate. It had done the…
Partners Mountain Province Diamonds (TSX: MPVD; NASDAQ: MPVD) and De Beers seem to be finding their stride at the Gahcho Kué mine, in the Northwest Territories. Mountain Province owns a…
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