Almazy Rosii-Sakha, Russia’s largest producer and exporter of rough diamonds, has formed a company to develop kimberlite pipes in the Nyurba district of Yakutia.Alrosa-Nyurba was set up to mine two di…
Legislation regulating the export and import of rough diamonds in Russia is receiving final approval from President Boris Yeltsin.Once the law is passed, a new trade agreement is expected to be negoti…
Sales of rough diamonds by the marketing arm of De Beers Consolidated Mines (DBRS-Q) netted the company a record US$2.8 billion for the first six months of 1997, an increase of 4.8% over the same peri…
Monopros, the exploration arm of De Beers Consolidated Mines (DBRS-Q), has intersected kimberlite while drill-Testing a lake-based geophysical target in the southern portion of the AK property in the …
No kimberlites have been encountered in the 16 holes drilled to date during a spring program on the Doyle Lake project in the Northwest Territories. The drilling is focused on the LA 1-25 mineral clai…
Both western markets slipped over the report period ended May 27, with the Vancouver Stock Exchange losing 17.63 points to close at 1,000.59 and the Alberta Stock Exchange down 33.34 points to finish …
Drilling is set to begin on the LA 1-25 claims at the Doyle Lake project in the Northwest Territories.Under an option agreement, Monopros, the Canadian exploration arm of De Beers Consolidated Mines (…
Toronto-based Trans Hex International (THI-T) is nearing the advanced stage of exploration at its Acordo alluvial diamond project in central Brazil.THI is a 65%-owned subsidiary of Trans Hex Group, So…
Drills are ready to turn on the Yamba Lake property in the Northwest Territories.Cypango Ventures (CAV-V) can earn a 51% interest in the claim block from partners Tanqueray Resources (TQY-A) and Mill …
BHP Minerals says it has had discussions at senior levels with De Beers Consolidated Mines about marketing gemstone production from its diamond project near Lac de Gras in the Northwest Territiories.T…
Under a renegotiated agreement, AfriOre (AFO-V) has agreed to acquire a half interest in a large lead-zinc property in the Republic of Congo.The 696-sq.-km concession, currently held by privately owne…
Diamond-producer Redaurum (RRK-T) has acquired exclusive prospecting rights to ground adjacent to the producing Orapa diamond mine of De Beers Consolidated Mines in Botswana.The company was granted a …
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