Mining Weekly reported that Dominion Diamond’s Ekati mine has enough diamonds to sustain mining up to 2019, based on its reserves and resources statement.
Articles Tagged "canada"
Bloomberg reported that Harry Winston Diamond Corp. has said that C. Fipke Holdings Ltd, a minority stakeholder of the Ekati diamond mine, has launched a legal suit to block the company’s planned acquisition of an 80% share of BHP Billiton Ltd’s Canadian operation.
Mining Weekly reported that diamond miner Harry Winston said it had lifted its diamond production last year from the partly owned Diavik diamond mine by close to 7.5% for higher grades to 7.2 million carats.
Shear Diamonds Ltd. (TSXV:SRM) announced that weak diamond prices across the globe have caused it to suspend production of the high-grade stockpiles at its Jericho diamond mine, located in Nunavut, Canada. While it waits for prices to improve, the company plans to further investigate the resource at Jericho as well as sites in close proximity to the property.
Peregrine Diamonds Ltd. (TSX:PGD) announced an update on the Chidliak diamond project in Canada.
Kennady Diamonds Inc. (TSXV:KDI) announced the first drill hole at Kelvin Lake in Canada has intersected kimberlite.
Globe and Mail reported analysts are predicting BHP Biliton (ASX:BHP) and Rio Tinto (ASX:RIO) may consider spinning off their diamond assets as private companies if buyers can't be found.
Bloomberg reported Harry Winston (TSX:HW), KKR (NYSE:KKR) and Apollo (NYSE:APO) are may bid on BHP's (ASX:BHP,NYSE:BHP) Ekati diamond mine.
Kitco reported Stornoway Diamond Corp. (TSX:SWY) is making it a priority to begin work at its Quebec diamond mine by mid-2013.
SMH reported analysts are predicting BHP Billiton (NYSE:BHP) will get less than $500 million for its Ekati diamond project in Canada.