Rio Says Diamonds to Extend Gains as Dwindling Supply Fails to Meet Demand
Rio Tinto Group reported that rough-diamond prices will extend gains through the next decade as dwindling production fails to meet rising demand from India and China.
Rio Tinto Group reported that rough-diamond prices will extend gains through the next decade as dwindling production fails to meet rising demand from India and China.
Peregrine Diamonds Ltd. (TSE:PGD) reported encouraging diamond results from the first two kimberlites discovered on the Company's 100 percent-owned, 854,000 hectare Qilaq project.
Stornoway Diamond Corporation (TSE:SWY) announce that SNC-Lavalin Inc. has been awarded the lead contract for the preparation of the Renard Diamond Project Feasibility Study.
Dianor Resources Inc. (CVE:DOR) announced that it will issue 7,269,555 common shares to Kodiak Capital Group, LLC in connection with Dianor's previously-announced initial draw down of $500,000 under its equity line of credit with Kodiak Capital.
Rapaport International Diamond Conference (IDC) for 2010 will take place on Thursday, October 21 at the Times Center in New York.
Grizzly Discoveries Inc. (CVE:GZD) announced assay results for the first seven core holes drilled at the Greenwood Gold Project in British Columbia during 2010.
Big Red Diamond Corp (CVE:DIA) announced that Arctic Star Diamond Corp, which entered into an option agreement on August 31, 2010 to acquire a 50% joint venture interest in our J6L1 Rare Earth Elements, has retained the services of Dahrouge Geological Consulting Ltd. of Edmonton, Alberta, to review the data that was provided in relation to the 4,715 hectare J6L1 Rare Earth Elements project located 52 kilometres northwest of Sept-Iles, Quebec.
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.
Stornoway Diamond Corporation (TSE:SWY) provided an update on activities within the company's portfolio of Canadian diamond exploration projects.
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.
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