Dianor Resources Inc. (CVE: DOR) announced that it has entered into a Credit Agreement dated August 28, 2010 with Third Eye Capital Corporation, as administrative agent, and a syndicate of lenders, pursuant to which the lenders have committed to provide up to $10 million in a term-credit facility to Dianor, subject to various terms and conditions.
Wednesday, September 8, 2010
Stornoway Diamond Corporation (TSE:SWY) provided an update on activities within the company's portfolio of Canadian diamond exploration projects.
Continue reading "Stornoway Re-Commences Canadian Grass Roots Diamond Exploration"
Wednesday, July 28, 2010
Shear Minerals Ltd.(TSX VENTURE:SRM) announced that SRK Consulting (Canada) Inc. has prepared for Shear this mineral resource estimate for the Jericho Diamond Project located in Nunavut, Canada which, as previously announced on July 19, 2010, is to be acquired by Shear from Tahera Diamond Corp. an Benachee Resources Inc.
Friday, July 16, 2010
Sola Resource Corp. (TSX VENTURE:SL) (PINK SHEETS:SORSF) reported that it has provided a Positive Notice under its Memorandum of Understanding, with Rio Madeira Comercio Importacao E Exportacao De Minerios.
Thursday, July 1, 2010
Big Red Diamond Corporation (TSX VENTURE:DIA) announced that it has closed a non-brokered flow-through private placement of 240 units for a total amount of $192,000.
Tuesday, June 29, 2010
Diamond mining firms looking to cash in on higher prices and increased demand for stones are starting to ramp up production. The one major company that is curtailing operations, De Beers, is cutting production 5 percent per year for 5 years to increase mine life.
Continue reading "Diamond Miners Ramp Up Production"
Tuesday, June 22, 2010
Indicator Minerals Inc. (TSX VENTURE:IME) announced that it has completed the first tranche of its previously announced non-brokered private placement for aggregate gross proceeds of $1,500,000.
Friday, June 11, 2010
Sillenger Exploration Corp. (OTCQB:SLGX)(PINK SHEETS:SLGX) an innovative and progressive mineral exploration and claims management company, with experience in mining and business process management in Africa, has received the historical geological and geophysics data for the Rio Muni region of the Republic of Equatorial Guinea.
Friday, June 4, 2010
Peregrine Diamonds Ltd. (TSX:PGD) announced that drilling of the diamond-bearing NQN-001 kimberlite has commenced at the Nanuq North project in Nunavut, Canada. Discovered in 2008, NQN-001 is located approximately 275 kilometres north of the community of Rankin Inlet, and two kilometres north of Peregrine's wholly-owned 315,000 hectare Nanuq project.
Continue reading "Peregrine Announces Commencement of Drilling at Nanuq North"
Monday, May 31, 2010
Ahead of the JCK Jewelry Show in Las Vegas, new US sales and demand numbers look promising. Imports of both rough and polished stones rose, as well as increased sales numbers from Tiffany & Co. Also, a wrap up of news from diamond mining companies, including the deal between Petra Diamonds and De Beers.
Continue reading "Signs Diamond Market is Headed Towards Recovery"
For upcoming diamond investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
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Wednesday, September 8, 2010