A strong recovery followed an industry-wide diamond inventory buildup in 2014-2015 and another slide after India’s demonetization in late 2016. However, lately, the diamond industry’s momentum has begun to stall….
After reaching commercial production on March 1, De Beers’ and Mountain Province Diamonds’ (TSX: MPVD; NASDAQ: MPVD) Gahcho Kué mine pushed into high gear with full production in mid-year. On…
One of the biggest deals to hit the diamond world recently is the sale and privatization of Dominion Diamond (TSX: DDC; NYSE: DDC), Canada’s premier diamond miner and the world’s…
In recent decades, Dominion Diamond has been one of the more interesting companies to watch — not just in the diamond space but in mining, period. As Aber Diamond, it…
As recently as 2012, mining giant Rio Tinto (NYSE: RIO; LSE: RIO) had been publicly considering exiting the diamond space. But the company, which operates and owns 60% of the…
It didn’t take long for Stornoway Diamond (TSX: SWY) to realize that it had a problem with diamond breakage at its newly built Renard mine, 360 km north of Chibougamau,…
A maiden resource for Kennady Diamond’s (TSXV: KDI) Faraday kimberlites has added 5 million carats to the diamond resource at the company’s Kennady North project in the Northwest Territories. The…
Lucara Diamond (TSX: LUC) has sold the 1,109-carat Lesedi La Rona stone recovered from its Karowe mine for US$53 million, or US$47,777 per carat. The sale, made to British jeweller…
In late 2016 and early 2017 the diamond market felt the effects of India’s demonetization, which saw 500-rupee and 1,000-rupee bills suddenly removed from the market last November. The move…
KELVIN CAMP, NORTHWEST TERRITORIES — Kennady Diamonds (TSXV: KDI) has already tripled early targets at Kennady North, Canada’s most advanced diamond exploration project — and there’s an eagerness to get…
Alto Ventures (TSXV: ATV) In February, Alto Ventures began a reverse-circulation drilling program to test several kimberlite targets at the GEFA project, in east-central Saskatchewan. The targets were identified in…
Following up on an initial diamond discovery in Manitoba from 2008, a group of prospectors working with the Manitoba Geological Suvey (MGS) has found diamonds in the Knee Lake area…
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