De Beers Consolidated Mines Limited


At Shore Gold's Star Diamond project, a view looking north of a temporary clamstand used for the initial shaft excavation.

Shore announces dividend-in-kind

With the Star diamond project in Saskatchewan taking centre-stage, Shore Gold (SGF-V) has spun out its portfolio of gold properties for stock in a new subsidiary called Wescan Goldfields (WGF-V).


Vaaldiam personnel sampling the Tumeleiro 3 kimberlite pipe at Pimenta Bueno. A 163-kg sample Rio Tinto collected from the pipe in the mid-1990s graded 17.84 carats per tonne.

Vaaldiam hunts for Brazilian diamonds

A rejuvenated Vaaldiam Resources (VAA-V) has been busy these past eight months carrying out grassroots exploration on its Pimenta Bueno diamond property in Brazil.



The diamond district in downtown Antwerp, Belgium.

De Beers settles US cartel charges

Diamond producer De Beers has pleaded guilty to charges under American anti-trust laws in a settlement that may allow the company to resume business in the U.S.


Clarification (July 19, 2004)

Our last issue was not sufficiently clear about the relationship between De Beers and Band-Ore Resources (BAN-T) at the latter’s GQ diamond property near Wawa, Ont.



At the Star Diamond project last year: Looking north of the shaft collars, with the hoist base in the foreground and the shop and freeze-plant buildings in the background.

Bulk samples show Star’s potential

Initial results from underground bulk sampling on the Star kimberlite in Saskatchewan’s Fort la Corne field indicate the recovery of coarse-size diamonds of up to 3.5 carats.


An Ashton Mining field geologist analyzes and logs core at Camp Lagopede, on the Foxtrot property in the Otish Mountains of northern Quebec.

Partnerships pay off for Ashton

Ashton Mining of Canada (ACA-T) is stepping up exploration efforts following its success in helping find new diamond districts in Quebec, Alberta, and the Coronation Gulf area of Nunavut.



Partners cut new MacFadyen kimberlite

Drilling by partners Spider Resources () and KWG Resources (KWG-V) has intersected a new kimberlite pipe on the MacFadyen property in the James Bay Lowlands region of Ontario.


Gold stocks lose shine as prices plummet

A steep decline in gold prices erased most of the winnings posted by the junior mining sector during the report period ended April 13. The price of silver dropped by more than 7% at the end of the period. The TSX Venture composite index finished 3…


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