Mountain Province Diamonds Inc


ABER DIAMONDThis past winter's shortened ice road season in the Arctic delayed the transport of large items, and forced De Beers to fly others in at Gahcho Kue at a higher cost. Here a 24-wheeler hauls a 200-tonne payload compartment of a much larger truck across a winter road to the Diavik diamond mine, 300 km northeast of Yellowknife, N.W.T. Diavik Diamond Mines is owned 40% by Aber Diamond Mines, with the remainder held by Rio Tinto.

Gahcho Ku on path to production in 2012

With the Snap Lake underground mine in the Northwest Territories and the Victor open-pit operation in northern Ontario already under construction, De Beers, the world’s leading diamond player, is look…


Brian Sylvester

The First Nickel breakup

A month after hostilities broke out, the dust has finally settled in the boardroom of Sudbury, Ont.-focused junior First Nickel (FNI-T), leaving a few members on the outside looking in, including form…


Warm weather dampens Gahcho Ku

Unseasonably warm weather in the Northwest Territories has claimed another diamond victim, with De Beers Canada hal…


Eco news drives trading

U.S. markets ended the Nov. 29-Dec. 5 report period mixed. The Dow Jones Industrial Average was alone in the red to the tune of 55 points at 10,835.1, while the Nasdaq gained 18 points to 2,257.64 and…


De Beers aims to settle US suits

The United States District Court for the District of New Jersey has given preliminarily approval to Anglo American (AAUK-Q) unit De Beers’ plan to settle most of the civil class-act…



A recent aerial photo of De Beers' Gahcho Ku diamond exploration camp in the Northwest Territories, 275 km northeast of Yellowknife. The project centres on the Kennady Lake cluster of five diamond-bearing pipes.

De Beers pulls plug on Kimberley mines

Faced with the challenges of finding new profitable carats to meet growing demand, De Beers is closing some of its mature, money-losing mines in South Africa, while it looks to Cana…




Jericho stirs market

The Toronto Stock Exchange surrendered some of its early gains to end the April 5-11 report period 24.65 points better at 9,643.72. The gold index performed similarly, edging 0.69 of point higher to 1…


De Beers Canada health and safety personnel inspect the construction site at the proposed Snap Lake diamond mine, situated 220 km northeast of Yellowknife, N.W.T.

A sparkling year for De Beers

The past year was another banner one for the diamond industry, highlighted by strong demand for rough diamonds from cutting centres….


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