New PEA slashes pre-production costs for Star-Orion South
Star Diamond (TSX: DIAM) has tabled a new preliminary economic assessment (PEA) on its Star-Orion South diamond project in the Forte à la Corne diamond…
News
All that glitters in the True North: The latest from diamond miners in Canada
The latest news from active diamond explorers, developers and miners in Canada. Altius Minerals Altius Minerals (TSX: ALS) is planning to spin off its…
Lab-created diamonds continue price decline
The discount of gem-quality lab-created diamonds, manufactured for use in jewelry, relative to natural diamonds has doubled from around 10-20% a year ago to 30-40%…
Nevsun’s Bisha not going away any time soon
It looks like the Bisha zinc-copper mine in Eritrea is going to be around a little longer — or perhaps a lot longer than most…
Pat Sheahan, John Kaiser team up for diamond service
As one of the only mining newsletter writers with a lasting interest in diamonds, John Kaiser has been receiving Pat Sheahan’s diamond literature service —…
Editorial: New DRC mining code comes into force
After months of outcry from foreign mining companies active in the Democratic Republic of the Congo (DRC), the new DRC mining code proposed in March…
CITIC buys 19.9% of Ivanhoe
CITIC Metal, subsidiary of Chinese company CITIC, will acquire a 19.9% stake in Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF), making it the company’s largest single…
Roxgold hits Q1 record high for gold production at Yaramoko
Roxgold (TSX: ROXG; US-OTC: ROGFF) has hit a record high for first-quarter production at its Yaramoko underground gold mine in southwestern Burkina Faso, 200 km…
TSX Venture falls, June 11-15
The S&P/TSX Venture Composite Index ended the trading week down once again, falling 2.6% to 754.4. Shares of Cantex Mine Development rose 18¢ to…
TSX inches higher while gold dips, June 11-15
Canada’s benchmark index rose 0.68% to 16,314.42 during a mixed week. The S&P/TSX Global Mining Index fell 1.9% to 75.17. The S&P/TSX Global Gold Index…
De Beers taps blockchain tech to bolster consumer confidence
De Beers says its new blockchain technology, Tracr, will transform the diamond industry when fully implemented. “We believe that the blockchain technology has the potential…
Eira Thomas takes the reins at Lucara
Lightning has struck more than once so far in Eira Thomas’s career of more than 25 years. The geologist famously spotted a nearly 2-carat diamond…