Lustre returns to Harry Winston
A look at Harry Winston Diamond’s (HW-T, HWD-N) recent financials shows the tale of rising demand for diamonds. Both the company’s luxury retail side and its mining side, strongly rebounded last year.
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On the diamond trail
Afri-Can Marine Minerals
Gran Colombia offers up US$75 million of silver-linked notes
Gran Colombia Gold (GCM-T) is looking to issue up to US$75 million worth of what executive co-chairman Serafino Iacono calls “a creative and innovative financial instrument.”
Silvercorp rebounds somewhat after resource updates
Vancouver – Bruised by the fallout of the Sino-Forest (TRE-T) debacle, Silvercorp Metals (SVM-T) has since regained some lost ground after several resource and reserve updates and a share buy-back.
Greece approves European Goldfields’ EIS
It has taken five years but Greece has finally approved European Goldfields’ (EGU-T, EGU-L) environmental impact study on its Greek assets.
Aldershot Resources adds uranium properties in U.S.
Philip Crabb says he “isn’t phased by the current opinion of uranium” and would, if asked, probably urge critics of the nuclear industry to take a trip to China if they needed any convincing that nuclear energy is the way to go.
Mindoro working to expand Agata nickel project
Vancouver – Philippines-focused junior Mindoro Resources (MIO-V) continues to advance its Agata nickel project in the country with an updated resource and prefeasibility study in the works.
North Country Gold extends strike length
Highlights from drilling at North Country Gold’s (NCG-V) Three Bluffs West Zone in Nunavut include intercepts of 7.34 grams gold over 25 metres in hole 11TB104, 8.06 grams gold over 30.49 metres (11TBC001) and 43.02 grams gold over 4 metres…
New Horizons: Oilsands mine closure inspired by Mother Nature
Mine closure plans in Alberta’s oilsands are being made with a new advisor in mind: Mother Nature.
Rainy River finds more gold
A spectacular intersect of 1,335 grams gold per tonne and 76.7 grams silver over 1.5 metres, just 42 metres below surface, sent shares of Rainy River Resources (RR-V) up 29¢ or 2.97% to $10.05 per share yesterday, and the company’s share…
Kinross leads majors for investments in junior gold plays
After betting US$7.1 billion last fall on the expansion potential of Red Back’s Tasiast gold mine in Mauritania, Kinross Gold (k-t, kgc-n) chief executive Tye Burt told reporters his company’s buying spree had come to an end for a while. “We’ve…
Atac hits gold in first step-out drilling of 2011
Vancouver – Atac Resources (ATC-V) looks to have met high expectations with the first 2011 step-out drill result on its Carlin-style properties in the Yukon.