Diamonds

TSX dips on poor GDP growth, Jan. 26-30

The Toronto stock market slipped in the wake of poor economic data and a weakening Canadian dollar. The benchmark S&P/TSX Composite Index declined 105.87 points to 14,673.48 as Statistics Canada said real gross domestic product in November…


Processing facilities at Rockwell Diamonds' Niewejaarskraal diamond mine on the south bank of the Orange River in South Africa. Credit: Rockwell Diamonds

Rockwell Diamonds expands footprint with new acquisition

Johannesburg-based alluvial miner Rockwell Diamonds (TSX: RDI; US-OTC: RDIAF), which owns three diamond mines near the midpoint of South Africa’s Orange River, is buying assets close to its operations that will enlarge its resource base…


A conveyor at Lucara Diamond's 75%-owned Mothae diamond project in Lesotho. Credit: Lucara Diamond

Lucara to exit Mothae in Lesotho

Lucara Diamond (TSX: LUC; US-OTC: LUCRF) plans to sell its 75%-held Mothae diamond project in Lesotho after the project failed to meet the company’s investment criteria.





Rio Tinto and Dominion Diamond's Diavik diamond mine in the Northwest Territories, 300 km northeast of Yellowknife. Credit: Rio Tinto

Rio Tinto green-lights A-21 pipe at Diavik

Rio Tinto (NYSE: RIO; LSE: RIO) has approved the development of a US$350-million A-21 kimberlite pipe at its 60%-owned Diavik mine, 300 km northeast of Yellowknife.


Diamonds from Dominion Diamond's Ekati mine. Credit: Dominion Diamond

Dominion Diamond hits its stride

Boding well for its upcoming quarterly financial results, Dominion Diamond’s (TSX: DDC; NYSE: DDC) third-quarter production and sales figures beat market expectations, sending its share price up $1.35, or more than 8%, to $17.73.


Helicopter pilot Tim Franke (standing) and geologist Bruce Kienlen sample till at Canterra Minerals' diamond project in the Southern Slave region of the Northwest Territories.  Credit: Canterra Minerals

Canterra carves out more ground in diamond country

Randy Turner — the man who guided Winspear Diamonds from the discovery of the Snap Lake diamond deposit in northern Canada to its sale to De Beers for $305 million in 2000 — is back at diamond exploration in the same part of…




Dominion unearths plenty of upside at Ekati

It’s been nearly two years since Dominion Diamond (TSX: DDC; NYSE: DDC) picked up a majority interest in the Ekati diamond mine from BHP Billiton (NYSE: BHP; LSE: BLT) for…


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