Challenges abound for diamond industry, despite growing demand: De Beers

Source: Daily News | 2014-09-17
In its first ever public report on the state of the diamond industry, diamond miner and retailer De Beers paints a picture of an industry that will likely struggle to meet future demand while also facing increasing competition from other luxury...

De Beers studies Victor extension as mine life wanes 

Source: Print Archives | 2014-09-17
With a mine life that ends in 2018, the ore is running out at Ontario’s only diamond mine — De Beers’ Victor mine, 90 km west of Attawapiskat.

Dominion Diamond shines with Q2 profits of US$27M  

Source: Print Archives | 2014-09-10
Dominion Diamond (TSX: DDC; NYSE: DDC) says its 80%-held Ekati mine and 40%-held Diavik mine in the Northwest Territories performed “exceptionally well” in the second fiscal quarter of 2015, with rough diamond production and sales...

Peregrine shares drop on dilutive $15M financing

Source: Daily News | 2014-08-25
Shares in Peregrine Diamonds (TSX: PGD) fell by more than 20% on news of a $15.1-million rights offering that could dilute the stock by 100%.

Building roads to resources a priority, says NWT premier  

Source: Print Archives | 2014-08-13
Mining is the largest industrial sector in the Northwest Territories (NWT), and building transportation and other important infrastructure is the key to unlocking its potential, NWT Premier Bob McLeod said at a symposium in Toronto on Aug. 6.

Kennady climbs on more high-grade diamond results

Source: Daily News | 2014-08-06
Ahead of a maiden resource estimate due out later this year, results from Kennady Diamonds’ (TSXV: KDI) Kennady North project in the Northwest Territories continue to confirm expectations of a high-grade project.

Kennady North diamond project exceeds expectations  

Source: Print Archives | 2014-08-06
With positive results rolling in from the mid-year exploration program at its Kennady North project in the Northwest Territories, Kennady Diamonds (TSXV: KDI; US-OTC: KDIAF) is rethinking its expectations for the project.

Kennady Diamonds expands drill program at Kennady North

Source: Daily News | 2014-07-24
Encouraging results from its Kennady North diamond project in the Northwest Territories have Kennady Diamonds (TSXV: KDI) doubling its summer drill program, adding a third drill, and rethinking the potential size of the project.

Campbell pilots Rockwell to new riches on Orange River 

Source: Print Archives | 2014-07-16
When James Campbell completed his honours degree in mining and exploration geology in 1985 from the Royal School of Mines at Imperial College London, he had three job offers waiting for him: working on an oil rig in the North Sea, at a gold...

Fipke sells Ekati stakes to Dominion 

Source: Print Archives | 2014-07-16
VANCOUVER — More than two decades after his prospecting efforts kicked off a diamond rush in Canada’s Northwest Territories, Chuck Fipke is cashing in his chips.