Bob Gannicott on Dominion Diamond’s new vision
Since Canada’s second diamond mine, Diavik, went into production in 2003, its 40% owner — at that time known as Aber Diamond — has been looking for other quality diamond…
Dominion Diamond Corporation
Pierre Lassonde: The gold guru sounds off on diamonds
In a frank discussion with Diamonds in Canada in late September, the cofounder and now chairman of Franco-Nevada (FNV-T, FNV-N) and ex-Newmont Mining (NMC-T, NEM-N) CEO explains why he believes…
Unable to go big, BHP and Rio Tinto go home
In the space of just a few months, both BHP Billiton (BHP-N, BLT-L) and Rio Tinto (RTP-N, RIO-L) announced they were reviewing their diamond businesses. BHP, the 80% owner of…
Diamonds: as good as gold for investors?
The financial crisis of 2008 was the first time that many investors experienced first-hand the worst-case scenarios of investing. In response to that frightening experience, and the ongoing global financial…
Randy Turner: Reflections of a diamond industry pioneer
Energy companies have recruited geological talent from the University of Calgary for decades, so it’s no surprise that Randy Turner joined the sector after earning his B.Sc. degree in 1971. It was a wise career choice, with multinationals…
Editorial: Crimes And Rumours Of Crime
The 25th trading week of the year was one that made us wonder if we should set up a “crime page” in our paper.
25 arrested over Harry Winston heist
French Police have arrested 25 people in connection with an astonishing mid-day jewelry heist at Harry Winston Diam…
Canadian Mining Hall Of Fame Welcomes Four More
Bone-chilling temperatures of -17C weren’t enough to keep the crowd away from the Canadian Mining Hall of Fame’s 21st annual awards dinner at the Fairmont Royal York Hotel in Toronto.
Risk Assessment changing with the times
Cape Town, South Africa — Miners and lenders have a long-standing and, for the most part, mutually beneficial relationship. But according to lawyer Nabil Khodadad, a partner at New York City-based Ch…
Banks commit US$230m to Aber
A banking group will provide a US$230-million debt facility to Aber Diamond (ABZ-T) so that the Toronto-based company can fund its share of the remaining capital costs at the Diavik project in the Nor…