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Vaaldiam Resources Ltd

News July 16, 2007

Latin carats in one basket

Vancouver — Subscribing to the philosophy “bigger is better,” emerging diamond producer Vaaldiam Resources (VAA-T, VAAFF-O) has announced plans to merge with Australian company Elkedra Diamonds (EDN-…

VAALDIAM RESOURCESVaaldiam Resources' wholly owned Duas Barras diamond mine in Brazil, with the recovery plant in the background. The mine, which exploits diamond-rich gravels, is slated to produce 25,000 carats this year and 50,000 carats the next.

News July 2, 2007

Vaaldiam joins diamond producer club

Vancouver — Vaaldiam Resources (VAA-T, VAAFF-O) has commissioned its Duas Barras diamond mine in Minas Gerais state, Brazil, recovering its first batch of stones from the alluvial operation.

Diamonds from Ashton Mining of Canada's largest project, a joint venture with Quebec-owned Soquem, the Foxtrot property in northern Quebec. At Foxtrot, Ashton has outlined the nine Renard kimberlite bodies with diamond grades estimated at 0.08 to 1.24 carats per tonne. Ashton is running a $29-million exploration program there this year.

News July 31, 2006

Stornoway bids for Ashton, Contact

Stornoway Diamond (SWY-T) is offering to take over two other diamond explorers to create a $200-million company, and has lined up agreements with controlling shareholders that make the deal look likel…

News May 25, 2006

Partners bullish at Brauna

Trenching by partners Majescor Resources (MAJ-V, RSMJF-O) and Vaaldiam Resources (VAA-T, VAAFF-O) has turned up ano…

News October 17, 2005

Rio Tinto drills Pimenta Bueno

Rio Tinto (RTP-N, RIO-L) has begun collecting a 50-tonne mini-bulk sample of the diamondiferous Cosmos 1 kimberlite…

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