Potential diamond mine buyers few, says Harry Winston boss

There is a “narrowed field” of potential suitors for diamonds mines, owing to the complexities of the market, Canada’s Harry Winston chairperson and CEO Robert Gannicott said on Thursday. “It’s not easily undertaken by someone who is...

Ekati mine, Canada

An opencast mine, situated in Canada.

BHP looks at selling Canadian diamond business

Mining heavyweight BHP Billiton on Tuesday confirmed rumours that it was considering selling its Canadian diamond assets, which include the Ekati mine in the Northwest Territories, and an exploration joint venture on Baffin Island. The company...

BHP Billiton approves $323m project at Ekati

The biggest mining company, BHP Billiton, on Monday said it had decided to push the button on a $323-million expansion at its Ekati diamond mine in Canada’s North West Territories. The Misery open pit project will start production in 2015 and...

De Beers, Mountain Province file EIS for NWT diamond project

De Beers Canada and partner Mountain Province Diamonds have submitted an environmental-impact statement for review for their Gahcho Kue project in Canada's Northwest Territories. The document was submitted to a panel established specifically for...

Diavik could ramp up output on brightening outlook – Harry Winston

The owners of the Diavik diamond mine, in Canada's Northwest Territories, are considering changes to the mine plan once again, this time to ramp up output in response to a firming rough diamond market, Harry Winston CEO Robert Gannicott revealed...

BHP, Rio looking to merge Canada diamond operations - report

Diversified mining giants BHP Billiton and Rio Tinto were considering merging their Canadian diamond operations, The Australian newspaper reported on Monday. The newspaper reported that BHP had dispatched employees to Canada to investigate how...

Ekati mine, Canada

An openpit/underground mine, situated in Canada

Sound Q1 operational results for diversified miner

Diversified miner BHP Billiton has achieved sound operational results in the first quarter of 2009, against a backdrop of weak demand, although with lower production compared with the December 2008 quarter.

Peregrine reports Canada diamond find

Canadian explorer Peregrine Diamonds has confirmed the presence of diamonds at its Chidliak property, in Canada's Nunavut Territory, the company said on Monday. The firm discovered the CH-1 kimberlite on the property in July, and two surface...

Canadian diamond explorers need 'blockbuster' discovery to recapture market's attention

Despite reasonably robust levels of activity in Canadian diamond exploration, the market has “completely lost interest” in the sector, says independent analyst and editor and publisher of the well-respected Kaiser Bottom-Fishing Online, John...

Next-door neighbour taking 100 000-t diamond sample in hope of finding second Letseng

When it comes to diamond volume, there is nothing to beat Botswana; but it takes some going to beat the tiny mountain kingdom of Lesotho when it comes to diamond value.