Analysts Predict Rio Tinto, BHP Pursuit of Diamond IPO
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.
Articles Tagged "canada"
Harry Winston and Others Considering Bid on BHP Diamond Mine
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.
Quebec’s First Diamond Mine Readying For Approval
Kitco reported Stornoway Diamond Corp. (TSX:SWY) is making it a priority to begin work at its Quebec diamond mine by mid-2013.
BHP Likely to Get Less than $500 Million for Ekati
SMH reported analysts are predicting BHP Billiton (NYSE:BHP) will get less than $500 million for its Ekati diamond project in Canada.
Canada Moots Diamond Beneficiation
Mining Weekly reported Canada has the potential to create “thousands” of direct and indirect diamond cutting and polishing jobs.
Mining’s Ups and Downs Driving Canada’s Northern Economies
Mineweb reported the Conference Board of Canada says the Northwest Territories' mining sector is creeping along.
Mountain Province Snubs Potential Diamond Suitors
Mining Weekly reports Mountain Province Diamonds (AMEX:MDM) has received interest from companies.
Exploration and Deposit Expenditure Expected to Increase
Mining Weekly reports that Canada's exports of natural resources keep going up.
Beware of Zimbabwean Diamonds, Baird Warns
The Vancouver Sun reports that Foreign Affairs Minister John Baird has warned Canadian gem traders to be wary of diamonds from Zimbabwe.
Diamond Exploration Hotspots
Diamonds are expected to be a hot commodity over the long term, which will likely spur exploration, and there are at least three countries that have significant potential.
