Canada’s mini-staking rush
After going into hibernation in the wake of the Great Recession, diamond juniors are slowly rousing and getting back into the field. Inspired by Kennady Diamonds’ (TSXV: KDI) success at…
Articles by Alisha Hiyate
Canadian production on the rise
With Gahcho Kué and Renard now officially under construction, I think it’s fair to say that in four years’ time, Canadian diamond production will look significantly different than it does…
Digging for diamonds
A roundup of the latest news from Canadian-listed diamond explorers, developers and miners. Afri-Can Marine Minerals Afri-Can Marine Minerals (TSXV: AFA) reported in January the results of a positive prefeasibility study…
Dominion Diamond banks on Ekati
It’s been one year since Dominion Diamond (TSX: DDC) took over operations at the Ekati diamond mine in the Northwest Territories, and president and CEO Bob Gannicott says the company’s transition…
Lucara’s Karowe mine proves to be a gem
Lucara Diamond (TSX: LUC) had a very good 2013 at its Karowe mine in Botswana, reporting annual financial results in February that exceeded expectations. The company reported revenues of US$180.5…
Stornoway lands $944M financing for Renard
Stornoway Diamond (TSX: SWY) announced in April that it had lined up a $944-million financing to build its Renard diamond mine in north-central Quebec. The binding agreement with several different…
The state of global rough diamond supply in 2014
Global production of rough diamonds in 2014 is expected to reach roughly 135 million carats valued at US$17.8 billion, an increase of 3% over last year. The world’s 50 largest…
Gahcho Kué takes shape
If you ask Patrick Evans, chief executive of Mountain Province Diamonds (TSX:MPV; NYSE: MDM), what surprised him most about the results of an updated feasibility study released in April for…
Diamonds shining once again
In our last issue, I asked whether there had been a shift in sentiment toward the diamond sector, which survived 2013 in much better shape than the rest of the…
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…
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…
Pangolin explores Botswana
Botswana is the jurisdiction of choice for Pangolin Diamonds (TSXV: PAN) founder and chairman Leon Daniels. “Botswana is a great country — the geology is very good,” Daniels said in…