Canadian Mining Journal


  • News

    DIAMONDS: Gahcho Kue mine offers up 67+ct gem quality octahedron

    February 6, 2017 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Miners at the new Gahcho Kue diamond mine near Lac de Gras have recovered the largest gem quality stone – a 67.87-carat octahedron – ever found there. The announcement was made by Mountain Province Diamonds, owner of

  • News

    CanAlaska not giving up on diamond hunt in West Athabasca

    January 25, 2017 by Canadian Mining Journal

    VANCOUVER — Global diamond miner De Beers may have walked away from CanAlaska Uranium’s (TSXV: CVV; US-OTC: CVVUF) West Athabasca diamond project in Saskatchewan, but CanAlaska president and CEO Peter Dasler still believes the property’s geological and geophysical puzzles are worth solving. On Dec. 23,

  • News

    DIAMONDS: Kennady reports grades of 3.14 and 3.22 ct/t

    January 23, 2017 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Toronto-based Kennady Diamonds reports same grade of 3.14 ct/t from Faraday 1 and 3.22 ct/t from Faraday 2 kimberlites at its Kennady North diamond project 280 km northeast of Yellowknife. The samples were recovered by core drilling

  • Feature

    Early diamonds launch Gahcho Kue mine

    January 1, 2017 by Bill Braden

    If the logistics of building a $1 billion diamond mine 400 kilometres south of the Arctic Circle sound daunting, try organizing its opening ceremony. With a guest list of 150 investors, aboriginal chiefs, politicians, company officials and media from as

  • Feature

    Patrick Evans: Bankers and bureaucrats don’t get it

    January 1, 2017 by Canadian Mining Journal

    Behind the glow of satisfaction with the successful launch of Gahcho Kue, the CEO and president of Mountain Province Diamonds reflects somewhat ruefully on the two decades of hard slogging it took to get there. Soft spoken and cool headed,

  • News

    DIAMONDS: Snap Lake mine to be flooded

    December 19, 2016 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Unable to find a buyer, De Beers Canada has decided to go forward with putting the Snap Lake diamond mine on extended care and maintenance. In effect, this means flooding the underground mine. De Beers said the

  • News

    DIAMOND: Kennady releases maiden resource for Kelvin kimberlite

    December 12, 2016 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Toronto’s Kennady Diamonds  has released the maiden indicated resource for its Kelvin kimberlite at the Kennady North project. The company is looking at 13.62 million carats in 8.5 million tonnes averaging 1.6 ct/t and US$63 per carat.

  • News

    AWARD: Kennady wins exploration company of year prize at London conference

    December 5, 2016 by Canadian Mining Journal

    LONDON, UK – Kennady Diamonds of Toronto was the co-winner of the prestigious Mines and Money Exploration Company of the Year award for 2016. The prize was bestowed at the annual conference in London earlier this month. Another Canadian company,

  • News

    DIAMONDS: Stornoway raises US$7.6M with first sale

    November 24, 2016 by Canadian Mining Journal

    QUEBEC – This week in Amsterdam Stornoway Diamond Corp. of Montreal made the first sale of diamonds from its Renard mine in the James Bay region. A total of 38,913 carats were sold at an average price of US$195 per

  • News

    STRATEGY: Rio Tinto promises to boost free cash flow by $5 billion

    November 24, 2016 by Canadian Mining Journal

    AUSTRALIA – Rio Tinto promised earlier this week to boost its free cash flow by an additional $5 billion over the next five years. And it will meet its cash reduction target of $2 billion this year and next. The

  • News

    Bob Gannicott’s lasting legacy

    November 22, 2016 by Canadian Mining Journal

    Robert Gannicott, the man who built Canada’s largest diamond mining company,  Dominion Diamond (TSX: DDC; NYSE: DDC) and a pioneer of Canada’s diamond scene for 25 years, has died. Gannicott passed away on Aug. 3, at age 69, after a two-year battle

  • News

    Peregrine eyes first production by 2021

    November 21, 2016 by Canadian Mining Journal

    Peregrine Diamonds (TSX: PGD) hopes to have its Chidliak project producing diamonds by 2021, as outlined in a preliminary economic assessment (PEA) released in July. Chidliak sits 120 km northeast of Iqaluit, the capital of Nunavut, on Canada’s Baffin Island. The