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.
Continue reading "Stornoway – Building a Canadian Diamond Resource Base"
Tuesday, May 12, 2009
Shares in Gem Diamonds surged 12.9 percent, building on Friday’s 20 percent gain, as investors react to a recovery in demand for rough diamonds with market conditions looking more positive. Desmond Kilalea, a diamond analyst at RBC Capital Markets, stated: They have just raised money and we know diamond prices are getting a bit better. [...]
Continue reading "Shares in Gem Diamonds have surged"
Friday, May 8, 2009
Kopane Diamond Developments PLC has received notification that as at May 8 2009, Obtala Resources PLC. holds in aggregate 65,335,000 Kopane shares, representing 29.75 percent of the issued share capital. For full story, click here
Continue reading "Obtala Resources has raised Kopane Diamonds Stake to 29.75%"
Thursday, April 9, 2009
Big Red Diamond Corporation reported that it is going to issue 1,500,000 common shares to AntOro Resources Inc. and has completed the acquisition of a 50% interest in two uranium properties in Quebec that AntOro Resources has under option. For full story, click here
Continue reading "Big Red Diamond Corp. issues 1,500,000 shares"
Tuesday, April 7, 2009
Kopane Diamond Developments PLC reported that it was notified that shareholder Obtala Resources PLC holds 59.67 million shares in the company, or 27.17 percent of the issued share capital. For full story, click here
Continue reading "Obtala Resources held 27.17 pct stake in Kopane Diamonds"
Thursday, March 5, 2009
Minemakers this morning launched its offer of one of its shares for every ten Bonaparte shares, valuing the latter at circa $7 million. A few minutes earlier Bonaparte surrendered its diamond ambitions by ditching alluvial diamond mining operation off the Namibian coast. For full story, click here
Continue reading "Bonaparte 5.5c and Minemakers 41.5c"
Thursday, February 5, 2009
Metex Resources Limited announced the issue of 40,000,000 shares at 40 cents per share and 55,000,000 shares at 20cents per share. For full story, click here
Continue reading "Metex Resources Limited Announces Issue Of Shares"
Thursday, February 5, 2009
Dwyka Resources Limited announced that it has issued and allotted 39,745,500 shares pursuant to the Placing. For full story, click here
Continue reading "Dwyka Resources Limited Announces Issue Of Shares"
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
Continue reading "Around the globe, diamond exports drop"
Friday, December 12, 2008
The day after Thanksgiving has long been known as “Black Friday”, a moniker that denotes the fact that it is on that day that retailers go from being in the red, to the black. Many stores open as early as 4 am, coaxing shoppers through their doors with ‘once a year’ sales.
Continue reading "Did Black Friday come through for diamond retailers?"
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Tuesday, June 9, 2009