Creepy crawlers for Canada?
KENILWORTH, SOUTH AFRICA–The Canadian lake-based mining industry has strengthened its position in the global market in recent years with the establishment of several new large mines that have led to …
Diamonds
New Nadina’s RIP kimberlite sparkles
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.
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.
De Beers gets frostbite in Canada’s Arctic
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,…
Etruscan boosts Blue Gum diamond resource
For the last four years, Etruscan Resources (EET-T, ETRUF-O), through its 53.7%-owned subsidiary Etruscan Diamonds, has been quietly buying up properties in South Africa’s Ventersdorp alluvial diamond…
De Beers takes US$965-million hit for Snap Lake
Capital cost overruns at De Beers’ Snap Lake diamond mine in the Northwest Territories forced the company to take a…
South African power crisis shuts down mines (February 04, 2008)
Vancouver — A nationwide energy crunch in South Africa has hit the country’s powerful mining sector hard, with major gold, platinum and diamond producers suspending operations as a precautionary meas…
Etruscan Resources boosts diamond resource in South Africa
For the last four years, Etruscan Resources (EET-T, ETRUF-O), through its 53.7% owned subsidiary Etruscan Diamonds,…
Tahera granted creditor protection
Tahera Diamond (TAH-T, TAHEF-O) will be safe from its creditors until Feb. 14, when its 30-day protection term under the Companies’ Creditors Arrangement Act expires.
Editorial: World’s stock markets head south
Panic in the global stock markets gripped a little tighter during the week ended Jan. 19, the third trading week of 2008, and metal prices and mining stocks were swept along in the crowd’s rush for th…
New Nadina breathes life into RIP
More results from New Nadina Explorations’ (NNA-V) “RIP” kimberlite is proving that the pipe is anything but dead i…
Diamonds North proves up its name
While it’s still a ways off from its goal of finding Canada’s next big diamond mine, Diamonds North Resources (DDN-V, DDNFF-O) is moving closer — recently pulling up more than 500 diamonds from one k…