Peregrine Diamonds Verifies Kimberlite Tonnage
Peregrine Diamonds Ltd. (TSX:PGD) announced a tonnage estimate for the CH-6 kimberlite of up to 5.7 million tonnes of kimberlite.
Peregrine Diamonds Ltd. (TSX:PGD) announced a tonnage estimate for the CH-6 kimberlite of up to 5.7 million tonnes of kimberlite.
Stellar Diamonds plc, (LSE:STEL) announced drilling at the diamondiferous Droujba kimberlite pipe project is finished.
Dig Media's VP Mike Rodger attended Indicator Minerals' Nanuq North Drill Core Preview party hosted last Thursday at the Terminal City Club in Vancouver, BC, where he spoke with Indicator’s Director and VP of Exploration, Dave Kelsch.
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.
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.”
Though there are clear signs of a financial recovery around the world, at what price would there be a recovery for roughs? Is the `new-normal' daunting for the diamond industry?
Stornoway Diamond Corporation declared the discovery of a new kimberlite in the Coronation Gulf/North Slave Diamond District of Nunavut. For full story, click here
North Arrow Minerals Inc. declared the discovery of a new kimberlite on the Hammer property in the Coronation Gulf/North Slave Diamond District of Nunavut. For full story, click here
Diamond Exploration Inc. which is formerly known as Patrician Diamonds has discovered several boulders of kimberlite, often an indicator of the presence of diamonds, in central Ontario. For full story, click here
Diamond Exploration Inc. declared that it has recovered kimberlite boulders from its Bridge River project in Ontario. The boulders were found during prospecting in an area with anomalous concentrations of kimberlitic indicator minerals in river gravels. For full story, click here
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