Stornoway looks to be cash-flow positive in 2019
An ore shortage in the first half of the year and a challenging underground ramp-up at its Renard mine led Stornoway Diamond (TSX: SWY) to close a $129-million financing in…
Diamonds in Canada
Dunnedin drills pipe at Kahuna in Nunavut
In July, Dunnedin Ventures (TSXV: DVI) announced the discovery of a new kimberlite pipe on its Kahuna project in Nunavut. The KH10-11 pipe was tested with a rotary air-blast drill…
North Arrow tests new kimberlite field in Nunavut
Following up on last year’s discovery of the diamond-bearing ML8 kimberlite at its Mel project in Nunavut, North Arrow Minerals (TSXV: NAR) completed the first ever exploration drilling campaign at…
Lithoquest Diamonds heads to Australia
Any new diamond exploration venture that gets off the ground these days is a notable one. Indeed, Bruce Counts, the CEO of Lithoquest Diamonds (TSXV: LDI), was involved with private…
De Beers looks to push the innovation bar at Chidliak
In 2013, De Beers Canada turned down a chance to own a majority stake in Peregrine Diamonds’ Chidliak project in Nunavut. Five years later, it now owns the project outright….
Lucara brings Clara digital sales platform online
Lucara Diamond (TSX: LUC) announced in October that its new sales platform Clara Diamond Solutions, is ready for its first sale of diamonds in November. The platform is meant to…
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 district in central Saskatchewan, 60…
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 Lynx project, located near Oxford…
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% today, according to a survey…
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 — a monthly PDF listing of…
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 to be transformative for the…
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 in drill core — an…