Peregrine Diamonds Ltd

De Beers bids $107M for Peregrine

De Beers has tabled a friendly bid for Peregrine Diamonds (TSX: PGD; US-OTC: PGDIF) of 24¢ in cash per share that values the Canadian diamond exploration company at $107 million….



Peregrine Diamonds’ employees with a Helicarrier heavy-lift helicopter at the Chidliak diamond project on Baffin Island, Nunavut, in July 2017. Credit: Peregrine Diamonds.

Peregrine Diamonds boosts resource at Chidliak

A resource update has brought the combined inferred resource of just two of 74 known kimberlites to 22 million carats at Peregrine Diamonds’ (TSX: PGD) Chidliak project on Baffin Island. “This…


Diamonds larger than 0.11 carat, from a 2013 bulk sample of CH-6, at Chidliak. Credit: Peregrine Diamonds

Peregrine tests underground potential of CH-6

Peregrine Diamonds (TSX: PGD) completed an $8.5-million summer work program at its Chidliak project, 120 km northeast of Iqaluit, this year focused on expanding resources at the CH-6 kimberlite. The…


TSX falls, July 24-28

The S&P/TSX Composite Index lost 54.48 points to a 15,128.65-point close over the trading period. Shares of Detour Gold rose $1.79 to $15.80 on rising gold prices and strong second-quarter…


Dominion Diamond’s Ekati diamond mine in the Northwest Territories, in 2016. Geologists say that high temperature and pressure 55 million years ago in the Lac de Gras region’s Archean-aged crust set the stage for diamond creation. Credit Dominion Diamond.

Top 10 Canadian-based diamond companies

Canada is the fifth-largest diamond producer in the world, according to the Mining Association of Canada. Last year two new diamond mines came into production: Gahcho Kué in the Northwest…




Drilling at the CH-7 kimberlite at Peregrine Diamonds' Chidliak project, in Nunavut. Credit: Peregrine Diamonds

Peregrine eyes first production by 2021

Peregrine Diamonds (TSX: PGD) hopes to have its Chidliak project producing diamonds by 2021, as outlined in a preliminary economic assessment (PEA) released in July. Chidliak sits 120 km northeast…




Diamonds from Peregrine Diamonds' CH-7 kimberlite at its Chidliak project. Credit: Peregrine Diamonds

Rock Hounds

Diamonds in Canada’s annual roundup of Canadian-listed producers, developers and active juniors Alto Ventures Alto Ventures (TSXV: ATV) has negotiated more time to earn a 60% stake in the GEFA…


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