Although grades are being hampered by the processing of mud-rich kimberlite material surrounding the A-154 South orebody, the Diavik mine in the Northwest Territories is operating at levels comfortably ahead of design capacity rates of 1.5 million…
Having just acquired a controlling stake in the “jeweler to the stars,”
The April 14-20 report period was relatively quiet for gold as the yellow metal shed just US90 to finish at US$396.85 per oz. in London. The Toronto Stock Exchange’s gold index mimicked the metal’s performance, peaking at 214.05 points at mid-per…
Having just acquired a controlling stake in the jeweller-to-the-stars, Aber Diamond (ABZ-T) has installed Thomas O’…
The Diavik diamond mine in Canada’s Far North completed its first ramp-up year of operations in 2003, producing more than 3.8 million carats of rough diamonds at an operating cash cost of US$31 per carat.
Aber Diamond (ABZ-T) has struck a preliminary deal to acquire Harry Winston, the prestigious New York-based “jeweler to the stars.”The deal would take place in stages, beginning with a 51% stake invol…
A strong rally sent gold US$9.55 higher over the five trading days to a London morning fix of US$401.05 per oz. on Dec. 2. It’s the first time the yellow metal has surpassed the psychological barrier …
As ramp-up to full production continues, the Diavik diamond mine in the Northwest Territories is processing kimberlite at rates ahead of planned levels.Ore processed during the third quarter of 2003 i…
In November and December, three rigs will attempt to expand the West zone along strike as well as to depth. The program will consist of 20-30 holes in total.When The Northern Miner visited the project…
As the newly constructed Diavik diamond mine continues to ramp-up, Aber Diamond (ABZ-T) sold US$19.2 million worth of rough gems over the 6-month period ended July 31, 2003, resulting in net earnings …
The diamond group of Rio Tinto (RTP-N) performed strongly in the first half of 2003, driven by higher prices and the selloff from inventories that had built up at the Argyle operation in the latter pa…
The first stones recovered from Canada’s $1.3-billion Diavik complex in the Northwest Territories have been sold at prices exceeding expectations.In April, Aber Diamond (ABZ-T) reported its first parc…
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