Articles Tagged "diamond drilling"

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.

Diamcor Expands Drilling Programme and Advances Preparations for Bulk Sampling at Krone-Endora at Venetia
Stornoway Announces Opening of a Representative Office in Mistissini
Grizzly Discoveries Announces Private Placement

Stornoway Re-Commences Canadian Grass Roots Diamond Exploration

Stornoway Diamond (TSE:SWY) reports an update on activities within  its portfolio of Canadian diamond exploration projects. Currently, Stornoway’s principal focus is the completion of a Feasibility Study at the 50% owned Renard Diamond Project in North Central Quebec, and an associated step-out drill program at Renard (see Stornoway Press releases dated July 22, 2010 and August 26, 2010). [...]

Stornoway Re-Commences Canadian Grass Roots Diamond Exploration

Stornoway Commences Fall Drilling at Renard High Potential to Expand Project Resources

Stornoway Diamond (TSE:SWY) reports exploration drilling begins in the fall at the Renard diamond project, North Central Québec, Canada. The upcoming drill program is a continuation of a step-out program of deep drilling first initiated last winter (Stornoway Press Release dated April 14, 2010), and is designed to assess the size and composition of several kimberlite pipes outside [...]

Stornoway Commences Fall Drilling at Renard High Potential to Expand Project Resources

J.P. Morgan Cuts Offshore Drillers

Analysts at J.P. Morgan Chase confirmed that the company has cut its earnings and price targets for many offshore companies such as Diamond Offshore , Ensco Plc. , Noble Corp. , Pride International Inc. , and Transocean Ltd.. Analysts are quoted saying: “While shares of Transocean are increasingly attractive, we still see downside risk. Instead, [...]

Mining Weekly reported on South Africa’s Early Diamond Rush

The news of the sale of the Star of  South Africa, which fetched £30 000, and the discovery of more diamonds dispelled all doubts about the region’s potential mineral wealth and brought in a wave of local Boer farmers as well as British, American, Australian, German and Russian diggers and diamond dealers. Click here to [...]

Petra Diamonds, De Beers Complete Agreement

Petra Diamonds Limited has announced the completion of its acquisition of the mining and association of assets with De Beers Consolidated Mines Limited.  The assets were previously used by De Beers in the operation of the Kimberley Underground diamond mines in Kimberley, South Africa. Petra and De Beers entered into the agreement for the sale [...]