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.
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.
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.
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.
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.
The Kimberley Process (KP), a joint government, diamond industry and NGOs scheme to reduce trade in conflict diamonds, will cover Abbey Chikane’s tour on the notorious Marange diamond field. A ministry of mines official is quoted saying: “We are expecting him to go to Marange. He is set to meet with the Minerals Marketing Corporation [...]
Petra Diamonds has announced the completion of its transaction with Stellar Diamonds for its Kono Project Divestment located in Sierra Leone. The initial announcement was on May 4 when Stellar issued 4.5-million shares to Petra at £0.20 a share. Click here to access the entire Press Release
The news of the sale of the Star of South Africa, which fetched £30 000, and the discovery of more diamonds dispelled all doubts about the region’s potential mineral wealth and brought in a wave of local Boer farmers as well as British, American, Australian, German and Russian diggers and diamond dealers. Click here to [...]
Petra Diamonds Limited has announced the completion of its acquisition of the mining and association of assets with De Beers Consolidated Mines Limited. The assets were previously used by De Beers in the operation of the Kimberley Underground diamond mines in Kimberley, South Africa. Petra and De Beers entered into the agreement for the sale [...]
Namibian diamond producer Namdeb Diamond Corporation (Pty) Ltd (Namdeb) has reported a decline on consumer demand in 2009 but expects recovery this year. Namdeb is quoted saying: “Consumer demand for diamond jewelry is beginning to recover, driven in part by the strength of the developing markets of China and India.” Click here to access the [...]
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