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Rio Tinto Argyle mine
Rio Tinto Slashes Argyle Outlook
Rio Tinto has lowered its estimate of diamonds it can viably extract from the Argyle mine, after experiencing operationaldifficulties and reducing its price forecast. The asset’s ore reserves slumped 45% to 16 million tonnes...
Mining Mar 05, 2018 Rapaport News
Bunder mine India
Bunder Mine Draws Growing Interest
Two major resources companies are considering bidding forthe Bunder diamond mine in India, after Rio Tinto offloaded the project earlier this year, Reuters reported.Adani Group, an India-based conglomerate, and VedantaResources, a London-headquartered group...
Mining Oct 29, 2017 Rapaport News
Mothae mine Lucapa
Lucapa Values Mothae Resources at $1,063/ct.
The Mothae mining project in Lesotho contains mineralresources worth an estimated $1,063 per carat, according to Lucapa DiamondCompany, which recently acquired the asset.Mothae holds 1.04 million carats of diamond resources,with a grade of 2.7 carats per...
Mining Mar 26, 2017 Rapaport News
Alrosa sorter
ALROSA’s Diamond Resources Decline
ALROSA’s rough diamond resources fell 4 percent to 1.03billion carats as at July 1, 2016, the Russia-based miner reported.Back on January 1, 2015, the resources stood at 1.08billion carats. Both assessments were carried out in accordance with a codeoutlined by the...
Mining Jan 15, 2017 Rapaport News
Peregrine Diamonds
Peregrine Diamonds Transfers Certain Assets to Subsidiary for Exploration
Peregrine Diamonds Ltd. transferred the Lac de Gras project in the Northwest Territories and the Nanuq and Nanuq North properties in Nunavut to its wholly owned subsidiary, Peregrine Exploration Ltd. In addition, Peregrine Diamonds granted...
Mining Mar 24, 2015 Jeff Miller
Ekati Mine
Dominion Updates Ekati Reserves Statement
Dominion Diamond Corporation filed its technical report, as required under National Instrument 43-101, for the Ekati diamond mine, which includes an updated mineral reserves and mineral resources statement. In the report, Dominion Diamond...
Mining Mar 13, 2015 Jeff Miller
small ice road
Dominion Mineral Reserves Update Adds 13M Carats at Diavik
Dominion Diamond Corporation updated its reserves and resources statement on a 100 percent basis for the Diavik mine, adding an additional 3.9 million tonnes of ore that contained approximately 13 million carats. As of December 31, Diavik...
Mining Mar 06, 2015 Jeff Miller
srk exports
SRK Exports Brings Cleanliness Campaign to Banks of Holy River Ganga
Press Release: SRK Exports' founder and chairman, Govind Dholakia, continues to be relentless more than two decades on, when it comes to raising awareness about natural resource conservation and the cleanliness drive. More than...
Marketing Nov 05, 2014 SRK Exports
Chidliak Project
Peregrine's Maiden Inferred Resource Report at CH-6 Returns 7M Carats
Peregrine Diamonds Ltd. estimated inferred mineral resources of 7.47 million carats of diamonds to a depth of 250 meters, based upon its maiden report of the CH-6 kimberlite pipe at the Chidliak diamond property in Canada. Production grade...
Mining May 07, 2014 Jeff Miller
ALROSA's Udachniy mine
ALROSA's JORC Complaint Resource Base Improves
ALROSA updated its JORC compliant reserves and resources report as part of an ongoing and long term development and capital investment plan. Proven reserves, as of July 1, totaled 7.33 million carats of rough diamonds, while probable...
Mining Sep 24, 2013 Jeff Miller
namibia  marine
Afri-Can Identifies 868,000 Carats From Diamond Fields' License 111
Afri-Can Marine Minerals Corporation completed its analysis of historical estimates from the Diamond Fields International Ltd. mining lease 111 off the coast of Namibia and estimated that 868,000 carats of diamonds remain. However,...
Mining Sep 11, 2013 Jeff Miller
Tawana Divests of Diamond Assets
Tawana Resources sold its interest in the Kareevlei diamond project in South Africa and the Flinders Island diamond project in Australia for about $384,000 (AUD 430,000) as the explorer divested from the diamond business to focus on core mining assets. Diamond Resources Pty. Ltd., a subsidiary of Tawana...
Mining Aug 28, 2013 Jeff Miller
stellar diamonds
Stellar Diamonds Prioritizes Tongo Following Scoping Study
Stellar Diamonds published the results of its conceptual economic scoping studies on the Tongo and Droujba kimberlite diamond projects in Sierra Leone and Guinea. Paradigm Project Management conducted the studies with the objective...
Mining Jul 26, 2013 Jeff Miller
Alrosa rough
ALROSA's Diamond Reserves Increase by 36M Carats in 2012
ALROSA’s reserves in 2012 grew approximately 35.8 million carats due to the exploration of Ebelyakh and Gusiny placers, according to the mining giant's executive committee review today. ALROSA started exploration of the Dalnyaya pipe this...
Rough Markets Mar 22, 2013 Jeff Miller
stellar diamonds
Stellar Diamonds' Net Loss Narrows in 1H
Stellar Diamonds reported a loss of $1.55 million for the six months that ended on December 31, just slightly less than the loss of $1.95 million the company posted one year earlier. The junior...
Mining Mar 19, 2013 Jeff Miller
stornoway logo
Stornoway Reports its Q1-4 Mineral Resource Estimate for Qilalugaq
Stornoway Diamond Corporation reported its first mineral resource estimate for the Q1-4 kimberlite pipe located at its Qilalugaq diamond project in Nunavut, Canada. Qilalugaq includes the Qilalugaq kimberlite pipes and the Naujaat...
Mining Jun 12, 2012 Jeff Miller
Shore Gold
Shore Gold Narrows 3Q Loss to $3M
Shore Gold Inc. closed its third quarter on September 30, with working capital of $18.4 million and a comprehensive loss of $3.1 million, which was an improvement from the loss of $6.7 million one year earlier....
Financial-Legal Nov 11, 2011 Jeff Miller
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