Dia Met Minerals Ltd

2002 marked by further consolidation

It did not feel as momentous as 2000 or 2001, when we saw the creation of several global mining giants, but 2002 was full of smaller-sized mergers, particularly in the precious metals sector.Among the…


Photo by Vivian DanielsonCharles Fipke (left) and Hugo Dummett (right) were instrumental in the discovery and development of the Ekati diamond mine.

Dummett killed in road accident

Geologist Hugo T. Dummett, whose knowledge of diamond exploration made BHP Billiton (BHP-N) a major force in world diamond mining, has died. He was 62.Dummett was killed in a single-car accident on a …


Ekati turns in strong performance

In the Lac de Gras area of the Northwest Territories, some 300 km northeast of Yellowknife, Canada’s lone diamond mine churned out 4.56 million carats of stones for the fiscal year ended June 30, 2002…



Placer targets takeover of Aussie miner

Vancouver — Falling metal prices over the past few years may have initiated consolidation in the mining industry, but as the price of bullion rises to levels not seen since 1999, the wave of mergers …


Dare to look up

The opening month of 2002 provided a few signs that the mineral exploration business may at last be turning a corner.This year’s Cordilleran Roundup in Vancouver was the most successful in years, with…


Investment Commentary — Best bets for 2002, Part 2

The Northern Miner asked five market watchers of the junior mining and exploration sector to offer recommendations and opinions for the year ahead. In the previous issue, we heard from John Kaiser of …


Merger mania grips mining industry in 2001

Against a rather grim backdrop that included an American economy slipping into recession, worldwide commodity deflation and a new war on terrorism, the big story in 2001 for the North American mining …


Gren Thomas, shown here in a 1995 photograph with daughter Eira, examines core from the A-418 kimberlite pipe at the Diavik property.

Gren Thomas our Man of the Year in 2001

Perseverance may not always find its reward, but for a mining man and explorationist that knows the North, the development of the Diavik diamond mine in the Northwest Territories is a rich reward for …



The camp and processing plant at the Diavik diamond mine are linked by Arctic corridors.

Aber to enter exclusive ranks of diamond producers

Lac de Gras, N.W.T. — Ten years after Charles Fipke’s milestone diamond discovery in the Northwest Territories, the only major Canadian player left in the wake of recent acquisitions and consolidatio…


Good quarter for Dia Met

Higher production from the Ekati diamond mine in the Northwest Territories and sharply lower interest expenses have meant a near-doubling in earnings for Dia Met Minerals (DMM-T).The company posted ne…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close