Star–Orion South diamond project, Canada

The feasibility study on the Star-Orion project has demonstrated the potential of the project to become a significant diamond producer.

Geita mine, Tanzania

An openpit mine situated in Tanzania.

Higher gem prices give Shore Gold's Sask project more sparkle

A new valuation of diamonds at Shore Gold’s Star-Orion South project in Saskatchewan on Thursday showed that prices had rocketed between 86% and 205% between March 2008 and July this year. The highest value stone recovered from the project,...

Shore Gold announces positive feasibility results for Sask. diamond project

Shore Gold, hoping to build Saskatchewan’s first diamond mine, said on Thursday the Star-Orion South project would cost C$1.9-billion to bring into production, with an average output of 1.72-million carats yearly, starting in 2017. A...

Higher gem prices could boost Shore Gold's planned diamond output

Shore Gold, which will complete feasibility study on what could be Saskatchewan’s first diamond mine this month, might see production levels higher than the 1,8-million carats a year initially envisaged because of rising gem prices, a...

Rising diamond prices to boost Sask. project, says Shore Gold

TSX-listed Shore Gold said on Friday that rising diamond prices, which could rapidly climb in the coming years, will benefit the diamond mine it hopes to build in Saskatchewan. Rising prices for the precious stones stemmed from increasing demand...

Shore Gold finds 11ct stone at Canadian project

TORONTO (miningweekly.com) – Shares in Saskatoon-based Shore Gold rose 17% on Wednesday, after the company announced valuations of diamond parcels taken from its properties in central Saskatchewan. This included an 11 ct stone that was valued at...

AngloGold Ashanti transforming 20 gold mines into factory-mimicking operations

Mining processes have remained fundamentally unchanged for decades, which has put the industry 15 to 20 years behind other sectors.

AngloGold Ashanti's restructured Geita showing signs of strong recovery

From being a lossmaker that had to be turned around, Geita gold mine in Tanzania could now well become AngloGold Ashanti's top performer within continental Africa and a star within the bigger group, says the company's executive vice-president...

POTASH MINING

This picture shows the sort of potash mining that global diversified major BHP Billiton will have to carry out if it gets its hands on Potash Corp, which it wants to take over in a hostile bid. In order to sweeten its appeal, BHP Billiton has told...

Shore Gold says exploration VP resigns

Pieter du Plessis has resigned as vice-president (VP) of exploration at TSX-listed Shore Gold to pursue opportunities in the uranium sector, the company announced on Friday. For the past five years, Du Plessis has led Shore Gold's technical team...

Star project diamonds may be in Letseng league – Shore Gold

A recent bulk sample from the Star diamond project, in Saskatchewan, suggests that the deposit has the potential to produce large, high-value diamonds like the ones recovered from Gem Diamonds' Letseng mine, in Lesotho, according to Canadian...