Grizzly Discoveries Inc. (TSX VENTURE:GZD) (FRANKFURT:G6H) provided the property and exploration update for its Greenwood Gold Project, British Columbia.
Archangel Diamond Corporation (TSX VENTURE:AAD.H) reported that at a special meeting of shareholders held on Monday, March 15, 2010, the shareholders of the Corporation approved the voluntary dissolution of the Corporation and the delisting of the Corporation’s shares from the NEX trading board of the TSX Venture Exchange, subject to the authority of the Board of Directors to revoke the resolution authorizing the dissolution.
Peregrine Diamonds Ltd. (TSX:PGD) announced the commencement of the Spring phase of the $13.5 million, 2010 diamond exploration programme on the 9,800 square kilometre Chidliak project on Baffin Island, Nunavut, Canada. Peregrine is the operator of the 2010 programme.
Arctic Star Diamond Corp. (TSX VENTURE:ADD) announced that the company’s field crews have mobilized to the Credit Lake camp and field work has commenced.
New pressures are being put on the Kimberley Process Scheme to deal with human rights violations from the Marange and Chiadzwa diamond fields. Zimbabwe’s refusal to deal with the issues and work with Kimberley Process officials may threaten to derail the organization.
Moneyweek.com reported that Diamonds are a “great investment”:
DIOS EXPLORATION INC. (TSX VENTURE:DOS) announced the values of up to 9.9 and 7.7 grams per ton gold in outcropping rocks on its new wholly owned diamond-gold U33 exploration project, James Bay, Quebec.
Adroit Resources Inc. (TSX VENTURE:ADT)(FRANKFURT:A7V)(BERLIN:A7V) reported that the Company has completed it’s non-brokered private placement of 4,038,000 common shares at the price of C$0.10 per common share to raise gross proceeds of C$403,800.
A $490 million deal between Russian Diamond giant Alrosa and Indian firms strengthens India’s diamond industry. Companies such as Rosy Blue and Diamond India, headquartered in Surat, India are responsible for 90 per cent of the global polished diamond output.
Diamond Discoveries International Corp. (PINK SHEETS:DMDD) provided an update on it’s exploration plans and the staking rush currently taking place in the Thetford Mines area.
Tuesday, March 30, 2010