Canada’s first diamond mine to shut down
Canada’s first diamond mine, Ekati in the Northwest Territories, will shut down following a Supreme Court of British Columbia ruling placing it into receivership this…
Diamonds
Editorial: Voyage from the bottom of ice station zebra
The closure in July of the Point Lake part of the Ekati complex in the Northwest Territories is the latest blow to Canada’s Far North…
Botswana seeks control of De Beers
Botswana is pushing to take control of De Beers as Anglo American (LSE: AAL) prepares to sell the diamond company. Duma Boko, president of Botswana,…
Decarbonization out of sync with diesel dependence
In Canada’s Far North, where the effects of climate change are readily apparent, decarbonization goals are stunted by a lack of infrastructure and diesel dependence. …
Infographic: Major mining infrastructure across Canada
Rich mineral deposits must be accessible before they can be properly developed. In some cases that means building large-scale and expensive road and power networks…
Gem Diamonds’ Letšeng mine yields 212.9-carat stone
Africa-focused miner Gem Diamonds (LSE: GEMD) has found yet another big precious stone at its prolific Letšeng mine in Lesotho, the third greater than 100-carat…
How the natural diamond industry could have taken down its lab-grown competition
Years ago, I noticed a plaque hanging on the wall in a private equity group in London’s Mayfair that read: “The Roman Empire wasn’t built…
Kodak never saw it coming either. How lab-grown diamonds rocked the industry
Since early 2022, the price of polished natural diamonds has fallen roughly 40%. The industry is being buffeted by negative economic headwinds, an excess of…
Winsome buys more time to assess Renard deal
Australia’s Winsome Resources (ASX: WR1) has bought itself an extra three months to decide whether it will acquire the Renard diamond mine and plant in…
Lucapa recovers 176-carat diamond in Angola
Lucapa Diamond (ASX: LOM) announced Monday the recovery of the fifth stone larger than 100 carats found this year, a 176-carat Type IIa diamond from…
Star Diamond boosts Star-Orion resource, eyes 2026 feasibility
Star Diamond (TSE: DIAM) has upped resources at its Star-Orion South diamond project in Saskatchewan, after former joint venture partner Rio Tinto (NYSE: RIO; LSE:…
BHP offers to buy Anglo American for US$39B
BHP (LSE: BHP; NYSE: BHP; ASX: BHP) has made a tentative all-share offer valued at £31.1 billion (US$38.8 billion) to take over Anglo American (LSE:…