Diamonds North Plans to Drill and Bulk Sample
Diamonds North (CVE:DDN) annouced today their plans to drill up to 30 new targets and collect a mini-bulk sample from one of their properties in Nunavut Territory, Canada.
Diamonds North (CVE:DDN) annouced today their plans to drill up to 30 new targets and collect a mini-bulk sample from one of their properties in Nunavut Territory, Canada.
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 [...]
Brazilian Mining Corporation declared that a satellite remote sensing study used in advanced multi-spectral exploration has identified with a high probability several diamond ferous kimberlites on property 231. For full story, click here
Diamond mining and exploration company Firestone Diamonds Plc revealed that it expects annual revenue of up to $30 million from the high grade and diamond values recovered from a kimberlite site in Botswana. For full story, click here
Kimberlite Diamond Corporation announced that it has entered into a binding written agreement with Maritime Securities Limited to become the administrator and co-manager of their new hard asset division. llan Walker, President of Kimberlite Diamond Corporation, said: This partnership will allow us to market diamond opportunities to their existing clients, and will allow us to [...]
With the Christmas buying season upon us jewelry companies who would typically have their biggest sales of the year are bracing for disappointing numbers. A study completed this fall by the Harrison Group and American Express Publishing found that of all the luxury categories, jewelry could take the biggest hit in the downturn.
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.
Canada has become a hot bed of diamond mining activities in recent years. Not only are diamond mines in Canada finding top quality gems, Canadian diamonds are increasing in popularity due to the stigma of “conflict diamonds” attached to the gems that come from overseas.
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