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Vaaldiam Looks To ‘Stop The Bleeding’

Vaaldiam Resources (VAA-T, VAAFF-o) says the world financial crisis and a 25% drop in rough diamond prices since September have forced it to shut down its Duas Barras alluvial diamond mine in Minas Ge…


Geologists prospect at Peregrine Diamonds' Chidliak project on Baffin Island, in the summer of 2007. BHP Billiton is exercising its earn-in rights for 51% of the property, but Peregrine will remain operator.

BHP Backs In On Peregrine’s Chidliak

BHP Billiton (BHP-N, BLT-l), the principal owner of Canada’s wildly successful Ekati diamond mine in the Northwest Territories, seems to think Peregrine Diamonds’ (PGD-t) Chidliak project, on southern…


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