Manitoba diamond discovery stirs interest
Following up on an initial diamond discovery in Manitoba from 2008, a group of prospectors working with the Manitoba Geological Suvey (MGS) has found diamonds in the Knee Lake area…
Canada
Fission confirms high-grade uranium discovery at PLS
VANCOUVER — Fission Uranium’s (TSX: FCU) search for land-based uranium mineralization at its Patterson Lake South (PLS) property in Saskatchewan’s Athabasca basin appears to be boding well for the junior explorer….
Five reasons diamond stocks have been dragging
In the first quarter of 2017, a market-cap weighted aggregation of diamond miners in U.S. dollars including Alrosa (RTS: ALRS), Petra Diamonds (LSE: PDL), Dominion Diamond (TSX: DDC; NYSE: DDC),…
Stornoway Diamond deals with Renard hiccups
Stornoway Diamond (TSX: SWY) had an exceptionally smooth build at its Renard mine, in Quebec, which was completed five months ahead of schedule and under budget by $37 million. Renard…
A changing landscape: Diamonds in Canada Editorial
Outside of the two new mines opening up in Canada — Stornoway Diamond’s Renard and De Beers and Mountain Province Diamonds’ Gahcho Kué — there hasn’t been a lot to…
Sumitomo joins Iamgold at Côté gold project
VANCOUVER — Iamgold (TSX: IMG; NYSE: IAG) been searching for a partner to help shoulder capital development costs at its Côté gold property, 130 km southwest of Timmins, Ont., and it…
Gahcho Kué achieves commercial production
Seven months after turning out its first diamonds last August, De Beers and Mountain Province Diamonds’ (TSX: MPVD; NASDAQ: MPVD) Gahcho Kué mine in the Northwest Territories began commercial production…
The Northern Miner podcast – episode 62: Exploration Insights & extinction-level events ft. Brent Cook
We’re back with an action-packed episode that tackles — in equal parts — the state of junior mining markets and extinction level events. Lesley swings by for another edition of the…
Editorial: Environmental review report out of touch with Canadian mining realities
Last August, the Trudeau-led federal government in Canada kicked off a wide-ranging review of the federal environmental assessment process for resource projects by appointing a four-person panel to carry out…
Dominion Diamond explores options after takeover approach
It’s been an eventful year for Dominion Diamond (TSX: DDC; NYSE: DDC), with the company receiving an unsolicited takeover approach in February, shortly after CEO Brendan Bell announced his resignation…
Osisko Gold to buy Orion’s royalties for $1.1B
VANCOUVER — Osisko Gold Royalties (TSX: OR; NYSE: OR) CEO Sean Roosen says his firm had been “keeping the powder dry” in anticipation of a transaction that would make it a…
TSX Venture eases down, May 29-June 2
The S&P/TSX Venture Composite Index lost 7.61 points over the report period to an 800.98-point close, as spot gold prices gained US$12.41 to US$1,278.17 per oz., and Comex copper prices…