Stornoway to take up Ashton, Contact shares
Stornoway Diamond (SWY-T, SWYDF-O) has taken up the shares tendered under its bids for Ashton Mining of Canada (ACA…
Diamonds
Stornoway, Rio change break fee (September 11, 2006)
Stornoway Diamond (SWY-T, SWYDF-O) and Rio Tinto (RTP-N, RIO-L) have agreed to changes in their lock-up agreement that would see a $2-million break fee paid out to all shareholders of Ashton Mining of…
BCSC dismisses Ashton application
The application by Ashton Mining of Canada (ACA-T, AMCFF-O) to have the British columbia Securities Commission issu…
Stornoway, Rio change break fee (September 05, 2006)
Stornoway Diamond (SWY-T, SWYDF-O) and Rio Tinto (RTP-N, RIO-L, RIO-A) have agreed to changes in their lock-up agre…
Ashton rejects Stornoway offer
The board at Ashton Mining of Canada (ACA-T, AMCFF-O) has rejected the takeover bid for the company made by Stornoway Diamond (SWY-T, SWYDF-O), and is talking to other possible bidders to get a better…
Strong retail demand offsets challenging rough diamond market
Despite difficult trading conditions in the rough diamond market during the first half of 2006, demand for diamond jewelry at the retail consumer level has remained vibrant, with an estimated growth o…
Tahera’s Jericho mine brings some sparkle to Nunavut
Jericho mine, Nunavut — It may be a small beginning, but it is certainly an auspicious one. Toronto-based Tahera Diamond (TAH-T, TAHEF-O) recently celebrated the official opening of its Jericho diamo…
Patrician Diamonds’ Sahtu drilling disappoints
Vancouver – Drill results from Patrician Diamonds’ (PXC-V, PCGDF-O) Sahtu project, in the McKenzie River Valley reg…
Ashton gives Stornoway the brush-off, looks to OSC
The board at Ashton Mining of Canada (ACA-T) has rejected the takeover bid for the company made by Stornoway Diamon…
Nunavut’s Pelly Bay area shows diamond potential
A new kimberlite camp is emerging in the Canadian Arctic as Indicator Minerals (IME-V) has discovered several large, pipe-like kimberlite bodies during a summer drilling campaign on the Darby project…
Forest Gate shares jump on discovery of kimberlite extension
News that Forest Gate Resources (FGT-V) intersected kimberlite at its West Side property near Prince Albert, Saska…
Stornoway bids for Ashton, Contact
Stornoway Diamond (SWY-T) is offering to take over two other diamond explorers to create a $200-million company, and has lined up agreements with controlling shareholders that make the deal look likel…