Base metals surge as golds fizzle
The Toronto Stock Exchange’s composite index continued its upward climb over the May 28-June 3 report period, ending 95.04 points higher at 6,931.25.The gold index fared poorly despite a surge in pric…
Dominion Diamond Corporation
Diavik receives engineering award
Diavik Diamond Mines has received the national award of achievement from the Canadian Council of Professional Engineers (CCPE) for the design and construction of the Diavik A154 dike.Building the dike…
TSX GREATEST VALUE CHANGE (March 31, 2003)
VolumeCloseChangePotash Cp SaskT49329894.411.28Sudbury Cont MT1887003.40…
WO find delivers few stones
Last fall’s discovery of a lake-covered kimberlite on the WO claim block in the Lac de Gras area of the Northwest Territories has yielded just two microdiamonds from a small, 34.65-kg representative d…
Diavik nears milestone
Construction of the $1.2-billion Diavik diamond mine in the Northerwest Territories is “virtually complete,” report partners Aber Diamond (ABZ-T) and Rio Tinto (RTP-N).The first diamonds are expected …
Gold and diamonds took spotlight in 2002
Vancouver — Market-watchers are optimistic the resurgence in the price of gold will help transform prospective properties into producing mines over the next few years.During 2002, Canadian companies …
Diavik nears startup
Construction of the Diavik diamond mine, in the Northwest Territories, is expected to be close to completion by year-end.London-based Rio Tinto (RTP-N) and its Canadian partner, Aber Diamond (ABZ-T), …
Damang gives Repadre earnings boost
With a share in production from the Damang gold mine in Ghana now part of its portfolio, Repadre Capital (RPD-T) has posted earnings of $4.1 million (or 10 per share) on revenue of $5.9 million in th…
Wolfden outlines depth potential at High Lake
Vancouver — Wolfden Resources (YWO-V) continues to intersect high-grade copper mineralization at depth and down-plunge in the B zone of its High Lake property, in the Kitikmeot region of Nunavut, abo…
Canada’s second diamond mine prepares for startup
With prestripping well under way following dewatering of the A-154 open pit, construction and commissioning of the Diavik diamond project in Canada’s barren north is on budget and ahead of schedule.Th…
Iamgold, Repadre agree to combine
Two of the smaller but richer companies in the gold business, Iamgold (IMG-T) and Repadre Capital (RPD-T), have announced plans to merge in an all-share transaction that would see Repadre shares trade…
Summer work in NWT yields new crop of kimberlites
More than a decade after diamonds were first found in Canada’s Far North, new discoveries of kimberlite continue to be reported in the Northwest Territories and Nunavut.An autumn drilling program on t…