Shore Gold Finds 11 Carat Stone at Canadian Project
Mining Weekly reported that Shore Gold shares rose after the company announced findings at its diamond parcels in Saskatchewan.
Mining Weekly reported that Shore Gold shares rose after the company announced findings at its diamond parcels in Saskatchewan.
Peregrine Diamonds Ltd. (TSE:PGD) reported results of a coarse diamond size distribution at its property in Baffin Island, Nunavut Territory.
Shear Diamonds Ltd. (CVE:SRM) announced the signing of a Mutual Co-Operation Agreement with the Nunavut Resources Corporation.
Metalex Ventures Ltd. (CVE:MTX) reported preliminary macro diamond results from the second of 11 holes from the nine hectare U2 kimberlite pipe in the James Bay lowlands, Ontario.
Eloro Resources Ltd. (CVE:ELO) announced the commencement of a two-phase, 10,000 m, surface diamond-drilling program at the Simkar Gold Property, located 20 km east of Val-d'Or, Quebec.
As the diamond market slowly returns to pre-crash levels companies looking to increase profitability are calling upon their countries to change tax codes to be more favorable to the diamond market. Other countries that are looking to capitalize on mineral wealth are imposing new tax regulations on mining operations to benefit their nations.
Diamonds are a must-have in investment portfolios. With prices set to rise in 2010, treasure the rocks.
Diamond India recently struck a deal with a miner in Namibia, to directly source diamonds, establishing the first ever such deal in India. DIL is the Indian consortium made up of 60 large and medium sized diamond exporters of the country, who would previously purchased diamonds from Antwerp; Antwerp would source the diamonds from Russia, [...]
Rio Tinto Group, the world’s third- largest mining company, may have a 41 percent dip in production from the Diavik diamond mine in Canada as it cuts spending at the operation. For full story, click here
George H. Read, P. Geo., Senior Vice President Exploration and Development declared the eighth, and final, set of diamond results from underground bulk sampling of the Orion South Kimberlite, within the Fort à la Corne Joint Venture where Shore is the operator with a 60 percent interest and Newmont Mining Corporation of Canada Limited has [...]
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