De Beers walks away from Peregrine’s Chidliak
Peregrine Diamonds (PGD-T) announced in October that diamond giant De Beers has decided not to exercise an option to earn 50.1% of the Chidliak diamond project, in Nunavut. De Beers…
De Beers Canada
Mountain Province Diamonds raising $47M for Gahcho Kué
To pay its share of initial capital costs at the $550-million Gahcho Kué diamond project, in the Northwest Territories, Mountain Province Diamonds (MPV-T, MDM-X) is planning a $47-million rights issue….
Gahcho Kué: positive feasibility study for partners De Beers, Mountain Province
Will Gahcho Kué be Canada’s next diamond producer? It may very well be, based on the positive results emerging from a recently completed independent feasibility study. “The feasibility study delivers…
The competition heats up
Since our last issue of Diamonds in Canada in May, fears that the global economic recovery might be derailed have started to ease. Diamond retailers and miners continued to regain…
Verkhotina diamond deposit poses challenges for Archangel
Shortly after winning a decade-long legal dispute over ownership of the Verkhotina diamond exploration project in northwestern Russia, Archangel Diamond (AAD-V, ADMOF-O) has filed a technical report d…
Gahcho Ku winter drilling adds optimism
Vancouver – Mountain Province Diamonds (MPV-T, MDM-X) and De Beers Canada have wrapped up winter drilling on the Tu…