Central Canada’s diamond hunt gets second wind
Diamond exploration in central Canada is getting its second wind following a number of promising developments.Although Ontario and Quebec were hopping in the mid-1990s, when financing for diamond expl…
Articles by Northern Miner Staff
Unresolved legal dispute stalls development of Verkhotina project
After spending about US$16.5 million to explore the Verkhotina diamond licence near the White Sea in northwestern Russia, Archangel Diamond (AAD-V) is unable to advance the project because of an ongoi…
Partners await results
In July, Guyanor Ressources (GRL.B-T) and partner Rio Tinto (RTP-N) completed a sampling program at the Dachine diamond property in French Guiana.The partners processed more than 715 tonnes of diamond…
Hunt for prairie diamonds heats up
While the hunt for prairie diamonds has slowed somewhat from mid-1990s, the search is being kept alive by Ashton Mining of Canada (ACA-T), which is still plugging away at kimberlite targets at its vas…
De Beers completes Winspear deal
De Beers Consolidated Mines (DBRSY-Q) confirms that it has acquired more than 96.2% of the shares of Winspear Diamonds as the result of its $5.00-per-share takeover bid.De Beers will now invoke the co…
Drill results boost re-listed Philex
Less than three weeks after being delisted from the Toronto Stock Exchange for failing to meet the required $2-million market capitalization, Philex Gold (PGI-V) has seen the market value of its stock…
Global Diamond recovers gemstones in South Africa
Trial mining by Global Diamond Resources (GDRS-O) has yielded gemstones that sold for an average price of US$1,443 per carat from the Grasdrif alluvial diamond property on the South African side of th…
Brit gold sale clobbers miners
Denver — The Dow Jones industrial average fell 443.94 points, or 3.9%, during the report period ended Sept. 19 to close at 10,789.29 amid inflationary fears.The price of gold edged off slightly to US…
Viceroy looks to recovery in second half
Although it slipped into the red during the second quarter, Viceroy Resource (VOY-T) hopes to return to profitability in the second half of the year by increasing production and cutting costs.Viceroy …
Gowns and hard hats
The law is supposed to be based on precedent, and judges are supposed to rely on qualified experts and consider the public good when they weigh the arguments of defendants and plaintiffs. Yet when it …
News – 25-SEP-00 (September 25, 2000)
The Northern Miner — North American Mining Index (September 25, 2000)
68.78 (-4.24)(Sept. 30/98 = 100)…