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FCRF
Pink Diamond Prices Firm in 1Q
Pink fancy-color diamonds outperformed other major colorcategories in price terms during the first quarter, the Fancy Color ResearchFoundation (FCRF) said. “At a time of diamond-market uncertainty, fueled by growingwhite-diamond inventory and the emergence of lab-grown...
Polished Markets May 05, 2019 Rapaport News
DEF
DEF Debuts Scholarships for Canadian Industry
The Diamond Empowerment Fund (DEF) has launched its firsteducational grants for young people in Canada’s Northwest Territories (NWT). “Creating education and employment opportunities for youthwho live in areas where natural diamonds are...
Mining Apr 14, 2019 Rapaport News
TCWR 150
Canada’s Ice Road Opens for Milestone Year
February is a crucial time for Canada’s diamond mines.Located in the most remote region of the country’s frozen Northwest Territories(NWT), Rio Tinto, Dominion Diamond Mines and De Beers have a two-month windowto connect their mining operations...
Mining Feb 07, 2019 Leah Meirovich
Fancy Color
Yellow Prices to Increase in 2019, Says FCRF
A reduced supply of vivid-yellow diamonds will drive a priceincrease this year, according to the Fancy Color Research Foundation (FCRF). “In the last three years we witnessed a substantial [quantity]of vivid yellows coming to market, mainly from...
Polished Markets Feb 05, 2019 Rapaport News
Argyle 150
Diamond Resources Might Not Be Forever
While it’s true that value comes from rarity, no naturalresource lasts forever, and the rare is becoming even rarer. Diamond productionis set to peak in 2019, after which it will begin a steady decline. De Beersestimates global...
Mining Aug 14, 2018 Leah Meirovich
Ekati 150
Dominion Agrees to Save 150 Ekati Jobs
Dominion Diamond Mines has reached a tentative agreementwith the Union of Northern Workers (UNW) that could potentially save 150 jobsat the Ekati deposit. Dominion had planned to replace that many employees withcontract workers...
Mining Jun 28, 2018 Rapaport News
Ekati Mine 200
Dominion May Cut 150 Mining Jobs
Dominion Diamond Mines plans to lay off 150 employees at itsEkati mine in Canada’s Northwest Territories, according to union officials. “The employer’s intent is to replace these positions withcontracted workers by October 1, 2018, as a cost-cutting mechanism to increaseprofitability for...
Mining May 17, 2018 Rapaport News
Ekati Jay
Dominion Holds Off on Ekati Expansion
Dominion Diamond Mines has delayed a key extension to itsEkati mine for a second time as it assesses the project’s profitability, according to reports. The miner originally postponed the Jay expansion in June2016 because it determined that the...
Mining May 10, 2018 Rapaport News
Dominion Diamond 150
Dominion Takes On New Marketing Director
Dominion Diamond Mines has appointed Rachel Aaron to oversee its marketing operations, including the promotion and development of its CanadaMark brand. As director of marketing, Aaron will be tasked with building and nurturing client relations,...
Mining May 08, 2018 Rapaport News
Ekati mine
Dominion Goes Private as Takeover Deal Closes
The Washington Companies, a group of mining businesses, hascompleted its acquisition of Dominion Diamond Corporation after receiving allthe required approvals.Dominion will operate as a standalone, private company underthe leadership of new CEO Patrick Evans, who assumes...
Mining Nov 02, 2017 Rapaport News
Ekati Mine
Dominion Mulls Ekati Underground Project
Dominion Diamond Corporation is considering a $628 million investment to go underground at the Fox pit and extend its Ekati mine operation by seven years. The current mine plan at Ekati accounts for operations until 2035, with...
Mining Sep 10, 2017 Rapaport News
Ekati mine
Washington Companies in Talks to Buy Dominion
Dominion Diamond Corp, the third-largest diamond producer by value, is in advanced talks with the Washington Companies on a cash-takeover bid, news agencies reported.Negotiations are focused on the two sides settling on a price for the Canadian diamond...
Mining Jul 16, 2017 Rapaport News
Dominion Jay project
Ekati Extension Gets Crucial Water Permit
Dominion Diamond Corporation has received government approvalto use water for its Jay project in Canada’s Northwest Territories — animportant regulatory step for the miner.Robert McLeod, the region’s minister of environment andnatural resources, signed...
Mining Jul 09, 2017 Rapaport News
Dominion Ekati mine
Dominion Gains from Higher-Value Ekati Production
Dominion Diamond Corporation’s sales increased sharply inthe fiscal first quarter as the miner shifted to a higher-value section of itsEkati deposit in Canada’s Northwest Territories.Revenue jumped 18% to $211 million in the three months ending April 30,...
Mining Jun 13, 2017 Rapaport News
Ekati mine
Dominion Buys Out Section of Ekati Mine
Dominion Diamond Corporation has bought out the buffer zoneof its Ekati mine from Archon Minerals Limited, its partner in thejoint venture, the miner reported Monday.The buffer zone is a section of the Ekati project...
Mining Jun 06, 2017 Rapaport News
CanadaMark 140
James Allen Links Up with CanadaMark
James Allen has become the exclusive online retailer ofCanadaMark diamonds, following a deal between the e-commerce site’s owner andCanada-based miner Dominion Diamond Corporation.All diamonds listed on James Allen under the Dominion-owned CanadaMarkbrand...
Retail Jun 05, 2017 Rapaport News
Ekati Mine
Untapped Ekati Pipe May Hold 16M cts.
Dominion Diamond Corporation has discovered an estimated16.3 million carats of diamonds in an undeveloped section of its Ekati mine inCanada.The miner recovered a parcel of 224 carats from about 680tonnes of kimberlite at the Leslie pipe, its highest-priority area...
Mining May 22, 2017 Rapaport News
Ekati
Canadian Pension Group Mulls Bid for Dominion
Dominion Diamond Corporation’s share price gained more than3% last week following reports that the Canada Pension Plan InvestmentBoard (CPPIB) was considering making a bid for the miner.CPPIB is studying Dominion’s books and...
Mining May 15, 2017 Rapaport News
Diavik Mine
Dominion Upbeat Despite Sales Decline
Dominion Diamond Corporation saw a 21% slump in sales during the fiscal year that ended January 31, with lower-quality production at its two Canada mines leading to reduced revenue. Nonetheless, it expressed optimism Wednesday about...
Mining Apr 13, 2017 Rapaport News
Ekati
Dominion, Stornoway in Merger Talks: Report
Dominion Diamond Corporation and Stornoway DiamondCorporation have held discussions over a merger, Reuters reported this week, asDominion continued to denigrate a separate takeover offer from the Washington Companies.The merger talks cover the possibility...
Mining Mar 22, 2017 Rapaport News
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