De Beers Canada Inc

BHP may sell its diamond assets

BHP Billiton (bhp-n, blt-l) is considering leaving its diamonds business as it may no longer fit its modus operandi of boasting “large, long-life, upstream and expandable assets.”

An aircraft on an ice strip at Mountain Province Diamonds' Gahcho Ku diamond project in the Northwest Territories. Photo by Mountain Province diamonds

Mountain Province Diamonds attracts interest

Mountain Province Diamonds (MPV-T, MDM-X) has received “unsolicited expressions of interest from third parties” about its stake in the Gahcho Kué diamond project in Canada’s Northwest Territories.  

A termite mound dwarfs Merrex Gold president and CEO Greg Isenor at the Siribaya gold project in Mali. Photo by Merrex Gold

Termites lead explorers in Mali to gold

Nicknamed “geozoology,” or “termite geochemistry,” mineral exploration companies in Mali are still turning to termites as an important tool in the search for gold deposits. By sampling termite mounds, which often tower more than two metres high…

De Beers' Victor open-pit diamond mine in the James Bay Lowlands, 90 km west of the coastal community of Attawapiskat in northern Ontario. Photo by De Beers

De Beers smiles as diamond prices rebound

While a certain amount of global uncertainty remains, 2010 saw a strong recovery in diamond prices driven by exceptional demand in China and India, coupled by a better than expected retail performance in the U.S. during the Christmas season.

Athabasca Potash Pairs Up With SNC-Lavalin At Burr

Montreal-based engineering and consulting firm SNC-Lavalin Group (SNC-T, SNCAF-O), has been contracted by Athabasca Potash (API-T, ABHPF-O) to provide prefeasibility study services for the company’s B…

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