North Arrow Reports Three New Kimberlite Finds at Pikoo

North Arrow Reports Three New Kimberlite Finds at Pikoo

The company announced Monday that it's made three new kimberlite discoveries at its Saskatchewan-based Pikoo project. All signs point to more news coming out of that project — as well as the company's Qilalugaq project — in the near future.

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John Kaiser: Diamonds Have a Positive Price Trend

Resource Investing News caught up with John Kaiser of Kaiser Research at Cambridge House International’s 2015 Vancouver Resource Investment Conference. Kaiser spoke about the troubles plaguing Canadian juniors and also answered a few questions about diamonds.

Company News

Diamcor Mining Earns US$842,419.10 Net in 4th Fiscal Quarter

Diamcor Mining Earns US$842,419.10 Net in 4th Fiscal Quarter

Diamcor Mining Inc. (TSXV:DMI) reported earnings of US$842,419.10 net of commissions and fees during fiscal Q4 when ended on March 31, 2015. Additionally, Diamcor recovered an additional ~650 carats of rough diamonds in the fiscal Q4 before processing was suspended in March.

Kennady Diamonds Completes Kelvin 2015 Bulk Sample

Kennady Diamonds Inc. (TSXV:KDI) announced that it's completed the Kelvin 2015 bulk sample. It recovered about 436 tonnes of kimberlite using two large-diameter reverse-circulation drill rigs.

Dominion Diamond Reports Strong Q4 Financial Results; Offers Dividend

Dominion Diamond Corporation (TSX:DDC,NYSE:DDC) announced its fourth quarter 2015 and full year financial results which showed a profit before income taxes of $166 million for the year. The company also announced that due to the strong financial results, the board of directors has declared a dividend of 40 cents per share to be paid in full on May 21, 2015 to shareholders of record at the close of business on April 30, 2015.

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Company Videos

Diamcor Mining Details Plans for 2015

Diamcor Mining Inc. (TSXV:DMI) CEO Dean Taylor spoke to Resource Investing News about the Krone-Endora at Venetia project in South Africa.

An Update from North Arrow Minerals CEO Kenneth Armstrong

North Arrow Minerals Inc. (TSXV:NAR) CEO Kenneth Armstrong spoke to Resource Investing News at the Canadian Investor Conference in Vancouver about the Company’s busy remainder of 2014, starting with bulk sampling in the Qilalugaq project in Nunavut, a month-long till sampling at the Pikoo Diamond Project in central eastern Saskatchewan, and a drill program in the Lac de Gras Project in the Northwest Territories.

Market News

Jewelry Potentially Worth Millions Stolen in London Heist

BBC News reported that up to 70 deposit boxes were opened after burglars gained entry to London-based Hatton Garden Safe Deposit Ltd. this past weekend. It's possible that jewelry worth up to 200 million pounds was stolen during the raid.

Diamond Sector to Receive a Boost from India’s Foreign Trade Policy

RAPAPORT reported that the foreign Trade Policy unveiled by the Union Minister of State for the Ministry of Commerce and Industry of India is designed to support services and exports and boost the "Make in India" initiative of the Indian government.

De Beers Looking to Curb Diamond Price Volatility

The Wall Street Journal reported that De Beers is in the midst of introducing new rules to the diamond-buying arena. Among other things, the diamond powerhouse is asking its customers to "present their accounts in accordance with international standards." They will also "face limits on debt levels."

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