Patrician recovers first drill core
by Jo Black
Canadian mining company, Patrician Diamonds Inc. announces that the first phase of core drilling to test airborne magnetic targets on the Doctor Lake Project was completed at the end of May.
According to the company, the work was done by Cabo Pacific Drilling Corp utilizing a fly-configured Atlas Copco B-20 core drill. One hole was [...]
Etruscan on Blue Gum project
by Jo Black
Mountain Lake Resources Inc. announces that significant progress is being achieved by Etruscan Diamonds Ltd. (Etruscan Diamonds) on the Blue Gum Diamond Project located in the alluvial diamond district of Ventersdorp in South Africa.
According to the company, operations continue with 5,465 carats recovered from 209,231 cubic meters of gravel with an average rough [...]
BRC, Rio Tinto sign LoI
by Sarah Wilsdon
BRC DiamondCore Ltd, an African-focused diamond explorer active in South Africa and the DRC, has signed a Letter of Intent with Rio Tinto Mining and Exploration Limited (Rio Tinto), whereby Rio Tinto can earn a 60% interest in the Company’s five diamond exploration projects in the northern Democratic Republic of the Congo under a [...]
India to host Kimberley Process meeting
by Tiffany Marlow
India is hosting the 5th Intersessional meeting of the Kimberley Process from 17 to 19 June 2008 at Vigyan Bhavan, New Delhi. India hopes that delegates from about 35 countries will be attending the meeting and participate in the various joint sessions to take stock of the progress made in implementation of Kimberley Process Certificate [...]
Novori, Zale launches ESQ
by Jo Black
Novori Inc., which has recently collaborated with Zalemark Inc., announces that the Hearst Brand Development and Zalemark are celebrating modern sophistication with the introduction of the new ESQ Jewelry Collection. This Collection was launched at the Couture Jewelry Show in Las Vegas, NV and was very well received by all.
The introduction of the line [...]
BRC updates Silverstreams project
by Jo Black
BRC DiamondCore Ltd., an African-focused diamond explorer active in South Africa and the Democratic Republic of the Congo, provides update on bulk sampling and exploration drilling on the Silverstreams Project in the Northern Cape Province of South Africa.
The Silverstreams Project, which is the most advanced of the Company’s alluvial diamond projects, covers 3,589 [...]
Rockwell’s 4th sale of 2008
by Sarah Wilsdon
Rockwell Diamonds Inc., a mid-tier diamond mining company, which has an interest in several producing and exploration alluvial diamond properties in southern and central Africa, reports on its fourth diamond sale in calendar 2008, completed on May 22, 2008.
According to the company, it offered a total of 2,142.52 carats for sale, representing diamond production for [...]
Dianor plans private placement
by Jo Black
Dianor Resources Inc., a mining company focused on advancing diamond exploration properties in Canada, has engaged Northern Securities Inc. for a best efforts private placement of up to $7.8 million in units at a price of $0.30 per unit, and of up to $5.2 million in “flow-through” units at a price of $0.35 per “flow-through” [...]
KimCor on South Africa operations
by Jo Black
KimCor Diamonds plc, an integrated diamond mining and exploration company focused on diamond production in Africa with complementary cutting and polishing operations, provides an update and progress report on the expansion programmes in South Africa.
The company said that during May SMI4 diamond recovery averaged 12.23cpht against a budget of 6cpht. The new equipment required to [...]
Diamonds North increases kimberlites
by Jo Black
Canada’s Diamonds North Resources Ltd. has discovered 3 new kimberlites on its totally owned Amaruk property. The company has also commenced the phase-I exploration program.
Providing details of the new kimberlites, the company said that Tuktu-10 was discovered approximately 1 kilometre south of Tuktu-1, while Qavvik-7 and Qavvik-8 were discovered adjacent to Qavvik-5. Representative samples [...]
Stornoway’s kimberlites diamondiferous
by Jo Black
Stornoway Diamond Corporation provides the following update for the 1.04 million acre Qilalugaq Project, situated north of Repulse Bay in Nunavut. The property hosts 17 kimberlites, including the 14 ha coalescing Q1-4 bodies, currently the largest known kimberlite in the eastern Arctic and the subject of a previous large scale sampling program by BHP Billiton [...]
JCK Las Vegas event ends
by Sarah Wilsdon
The 17th Annual JCK Las Vegas event provided jewelry retailers from 72 countries with new business insights to weather the current economy, new products to reach new market segments, and future trends such as nature-inspired and green-themed designs to bring back to their stores. During the five-day Show, retailers representing virtually every market size had [...]
Harry’s 1Q fiscal 2009 results
by Jo Black
Harry Winston Diamond Corporation reported first quarter results for the period ending April 30, 2008. The Company recorded an increase in consolidated sales for the quarter of 10%, generating an 18% increase in gross margin and a 10% increase in consolidated earnings from operations compared to the results of the first quarter of the prior [...]
Petra gets consent for Cullinan
by Jo Black
Petra, the international diamond mining group, announces that Ministerial consent has been granted for the cession and transfer of the Cullinan new order mining right to Cullinan Diamond Mine (Pty) Limited (’CDM’) from De Beers Consolidated Mines Limited (’De Beers’). CDM is wholly owned by the members of the Petra Diamonds Cullinan Consortium (’PDCC’), and [...]
WGI completes consumer research
by Jo Black
From the moment a diamond is entrusted to the World Gemological Institute (WGI) until the moment it is returned to the client with its grading results and report,it is handled and assessed with the utmost care,security and expertise by our team of highly-trained gemologists and support staff. Using state of the art [...]
Signet reports 1Q results
by Jo Black
Signet Group plc, the world’s largest speciality retail jeweller, announces its first quarter results for the 13 weeks from 3 February to 3 May 2008.
Total sales rose by 1.0% to $822.5 million (13 weeks to 5 May 2007: $814.4 million). Like for like sales decreased by 2.5%. Group profit before tax was down by 24.0% [...]
Diamonds North provides updates
by Jo Black
Diamonds North Resources Ltd. announces that mineral chemistry data just received confirms the high diamond potential of the Tuktu-1 and Qavvik-4 kimberlites. Tuktu-1 and Qavvik-4 are two of 22 kimberlites discovered to date on its 100% owned Amaruk property located in the Pelly Bay Diamond District of Nunavut. Mineral chemistry data is pending for other [...]
Mano River results in 1Q08
by Jo Black
The Board of Mano River Resources Inc. releases the Accounts of the Company for the financial quarter ended March 31, 2008.
During the first quarter ended March 31, 2008, the Company realised a net loss of $745,653, or $0.002 cents per share as compared to a loss of $277,433 or $0.001 per share in the quarter [...]
Mountain reviewing strategic alternatives
by Jo Black
Mountain Province Diamonds Inc. announced that, with the support of its joint venture partner, De Beers Canada Inc., it has begun a process to review strategic alternatives in relation to the Gahcho Kué Joint Venture. The Company cautions shareholders that there is no assurance that the review will result in any specific transaction and no [...]
Peregrine Diamonds, Peregrine Metals merger
by Jo Black
Peregrine Diamonds Ltd. and Peregrine Metals Ltd. are pleased to announce that they have entered into a letter of intent for the purpose of effecting a business combination whereby the two companies will merge to form a new multi-commodity resource company to be called Peregrine Resources Ltd. (Peregrine Resources).
Both companies are currently working to [...]