Diavik Diamond Mines Releases Mid year socio economic highlights Read more: Diavik Diamond Mines Releases Mid Year Socio Economic Highlights
Diavik Diamond Mines Inc. reports its 2011 mid year socio-economic monitoring agreement report.
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Supply Shortages May Herald in era of ‘Peak Diamond’
Monday, May 3, 2010
De Beers Chief Gareth Penny has been vocal about supply shortfalls, and a lack of prospects to keep up with increasing demand for diamonds. With the Chinese diamond market exploding and decreasing output from some of the largest mining operations in the world, is the market heading towards “Peak Diamond.”
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Diamond Sparkles: Juniors Jump
Thursday, October 1, 2009
The discovery of a 507 carat white diamond has proved to be encouraging news, not just for Petra Diamond which discovered the gem, but for the industry as a whole. Improving demand and positive announcements have had Canadian diamond juniors brushing themselves off from last year's crash. The sparkle is back in the investors eye.
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Stornoway – Building a Canadian Diamond Resource Base
Tuesday, June 9, 2009
Stornoway Diamond Corporation (TSE:SWY) is a leading Canadian diamond development and exploration company. The Company’s flagship property is the Feasibility Stage, Renard Diamond Project located in north-central Quebec, and on track to become Quebec’s first diamond mine and Canada`s next.
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Diavik Diamond mine to shut its operations
Tuesday, March 31, 2009
Production at the Diavik diamond mine announced that it will be stopped twice for a period of six weeks each and the underground mine will be placed on care and maintenance by the third quarter of 2009 once the majority of its construction is complete. Diavik President and Chief Operating Officer Kim Truter stated: Our [...]
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Kinross reports acquisition of interest in Diavik Diamond deal
Thursday, March 19, 2009
Kinross Gold Corporation declared that it has signed a subscription agreement with Harry Winston Diamond Corporation further to which Kinross will make a net investment of US$150 million in exchange for an indirect interest in the Diavik Diamond Mine in Canada’s Northwest Territories and a 19.9% shareholding in Harry Winston. For full story, click here
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Around the globe, diamond exports drop
Wednesday, January 21, 2009
As economic turmoil spread around the globe in ‘08, the diamond industry lost some of its brilliance. The industry was doing well until about September, then diamond prices and sales went on a steep descent. Diamond prices are down about one-third since their high last August
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Global meltdown hits diamond market
Tuesday, October 28, 2008
Diamond trading activity has witnessed a recent drop-off as buyers face extreme uncertainty about the viability of current price levels. Traders expect the prices of gems to deteriorate in the coming months, but no one has any idea as to how much of a change to expect.
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Diamonds – The next safe haven for investors?
Tuesday, September 30, 2008
Diamonds could very well represent the next safe haven for investors, much like gold and silver, as investors flee the financial markets for more secure investments.
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Canada claims a bigger piece of the diamond pie
Tuesday, September 9, 2008
Canada’s diamond production is on the rise. According to a report issued by the Mining Association of Canada, production rose 28 percent to 17 million carats in 2007.
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- Diamcor Mining Inc. – Production Focused Mining Company
- Grizzly Discoveries – Diamonds, Gold,Potash
- Stornoway – Building a Canadian Diamond Resource Base
Asides
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Monday, August 1, 2011