Diagem starts drilling at Chapadao
by Jo Black
Diagem Inc. commences a diamond drill program on its Chapadao Kimberlite Cluster in Juina, Brazil. The Chapadao kimberlites are known to be diamondiferous and are believed to be a significant source of the Juina alluvial diamond production.
Denis Francoeur, CEO of Diagem said, this is the moment we have been waiting for. Issuance of the bulk [...]
Snowfield updates Bulk Sample Results
by Jo Black
Further to Snowfield Development Corp.’s announcement of earlier reporting results from a 1,044kg sample of concentrate from its Mud Lake kimberlite complex, processed at the Saskatchewan Research Council’s (SRC) lab in Saskatoon, it is the Company’s intention to carry out additional testing on this sample.
Snowfield believes that diamond recovery may have been hampered by the [...]
Vaaldiam acquires Great Western
by Jo Black
Vaaldiam Resources Ltd. confirm the successful completion of the arrangement whereby Vaaldiam has acquired, by way of court approved plan of arrangement, 100% of the issued and outstanding common shares of Great Western . Great Western’s shares will be delisted from the TSX Venture Exchange effective after the close of trading on March 11, 2008. [...]
Blue Nile’ s CFO resigns
by Jo Black
Blue Nile, Inc. announced that Robin Easton has resigned from the role of Chief Financial Officer to pursue other interests, effective March 31, 2008. The Company plans to commence a search to fill the Chief Financial Officer position.
Upon Easton’s resignation, Terri Maupin, the Company’s Vice President of Finance and Controller, will assume the duties of [...]
HRD to exhibit at Amberif Fair
by Jo Black
HRD Antwerp NV, the subsidiary of the Antwerp World Diamond Centre (AWDC), is all set to exhibit at the Amberif fair in Gdansk, Poland, from March 11-15, 2008. The company’s stand will be located in Hall 3, Booth B01.
Also at the fair, a gemmologist from the HRD Precious Stones Lab will present a lecture [...]
Paramount recovers 1st diamond in W.A
by Jo Black
A clear white diamond from a sample associated with an anomalous feature that may represent its volcanic source has been recovered by Paramount Mining Corporation from its Wood River Project in Western Australia’s Kimberley Region.
The diamond is octahedral in shape and measures over 0.5 mm in diameter. This is the first diamond recovered in Western [...]
JCPenney opens 10 new stores
by Jo Black
J. C. Penney Company, Inc announced the opening of 10 new stores nationwide as it continues to grow and enhance its store base throughout the United States.
In addition to being fully stocked with fresh, trend-right merchandise, the new stores showcase JCPenney’s major brand concepts, American Living(TM) and Sephora Inside JCPenney. American Living, introduced in [...]
Vaaldiam profiled on BTV-Business Television
by Jo Black
BTV-Business Television featured Vaaldiam Resources on Sunday, March 9,2008 at 4:30 pm EST. Ken Johnson, President and C.E.O. of Vaaldiam Resources and Peter Marrone, Vaaldiam’s Chairman and C.E.O of Yamana Gold discussed Vaaldiam’s activities in Brazil including its two producing alluvial diamond mines and advanced stage exploration kimberlite projects. Independent stock analyst, John Kaiser, from [...]
Sao Luis recovers 8,423cts in 2007
by Jo Black
Sao Luis Mining, Inc., a diamond mining and precious metals exploration company, reports that the bulk sampling program on Property 117 produced a total of 8423 carats of diamonds in 2007. The final report was filed within just a year of the Company receiving government approval to conduct experimental mining to validate the economic viability [...]
Diamcor to partner with SA’s Bbbee Group
by Jo BlackDiamcor Mining Inc. announces the agreement to enter into a formal joint venture arrangement with Nozala Investments (Pty) Ltd (Nozala), a well established South African Broad-Based Black Economic Empowerment (BBBEE) company, that is controlled and managed by women.
Both companies will immediately execute agreements to reflect this arrangement through two of Diamcor’s dormant wholly-owned South [...]
Shore Gold recovers 266cts at Orion
by Jo Black
Shore Gold Inc. announce the second set of diamond results from underground bulk sampling of the Orion South Kimberlite, within the Fort a La Corne Joint Venture (FALC-JV) where Shore is the operator with a 60 percent interest and Newmont Mining Corporation of Canada Limited (Newmont) has 40 percent.
The diamond recoveries total 266.02 carats from [...]
Diamondcorp provides final results
by Jo Black
DiamondCorp plc, the South African diamond mine development and exploration company, releases its audited results for the period ended 31 December 2007.
Highlights for 2007
- Completion of a 1.6 million tonne per annum dense media separation plant and commissioning of Phase One tailings retreatment operation at the Lace mine in the Free State [...]
BRC Diamondcore opens tender
by Jo Black
BRC DiamondCore Ltd.announces the results of tender sales conducted on February 29, 2008 to confirm valuations of the diamond product derived from its Paardeberg East kimberlite and Silverstreams alluvial bulk sampling project sites in South Africa.
The highlights of the tender sales included the following:
the Silverstreams “run of mine” production is valued at US$1,446 per [...]
Anglo Swiss’s result from LI-201 Kimberlite
by Jo Black
Anglo Swiss Resources Inc. has received caustic fusion diamond results from the Company’s LI-201 kimberlite pipe, located in the Northwest Territories.
Drilling on the LI-201 kimberlite was carried out over the period August 22 to September 19, 2007. The drilling program consisted of 5 core holes, totaling 421.6 meters (1383.2 feet). Two of the drill [...]
Superior initiates diamond drill program
by Jo Black
Superior Diamonds Inc. announces the completion of its 2008 ground magnetic survey on its L’Esperance Property, Quebec and the initiation of a diamond drill program. The geophysical survey established the presence of several targets that are believed to be the source of the kimberlite float discovered this past fall. The identified targets fall within a [...]
Rockwell 2nd diamond sale of 2008
by Jo Black
Rockwell Diamonds Inc. reports on its second diamond sale this year completed on February 28th, 2008.
The Company offered a total of 1,843.43 carats for sale, representing production from the Wouterspan, Holpan, and Klipdam alluvial diamond operations.
Rockwell realized total revenue of US$ 4,520,000 for this sale, representing an average price of US$2,452 per carat.
Like in [...]
Stornoway’s results from Renard 65
by Jo Black
Stornoway Diamond Corporation provides diamond recovery results on two additional trench samples recently recovered from the Renard 65 kimberlite pipe and the North Anomaly kimberlite dyke both located at the Foxtrot Property in North Central Quebec. The Foxtrot Property, which includes the Renard kimberlite pipes and the Lynx-Hibou system of kimberlite dykes, is a 50:50 [...]
Hudson recovers large gem diamonds
by Jo Black
Hudson Resources Inc. announces diamond results from the processing of approximately 160 tonnes of kimberlite extracted from the Garnet Lake dike in Greenland. The diamond laboratory at the Saskatchewan Research Council reported that a number of large clear colourless fragments are likely to have been derived from a single 3.5 to 4.0 carat diamond. The [...]
Dianor’s new diamond discovery in Quebec
by Jo Black
Dianor Resources Inc. in conjunction with its joint venture partners Metalex Ventures Limited and Wemindji Exploration Inc. announces a new diamond discovery in Quebec. Diamonds have been recovered from surface rock samples on the Joint Venture’s Ekomiak V property and on the adjacent Dianor’s 100% owned PEM property in the James Bay region of Quebec. [...]
Motapa updates bulk sampling progress
by Jo Black
Motapa Diamonds Inc. reports that sample processing and diamond recovery has commenced at the Mothae project in Lesotho. An initial 30,000 tonne sample will be processed to determine if the Mothae kimberlite has the potential for high value diamonds similar to those of the nearby Letseng diamond mine. If warranted by results of this initial [...]