Canadian Mining Journal


  • News

    Peregrine Diamonds boosts resource at Chidliak

    February 22, 2018 by Canadian Mining Journal

    A resource update has brought the combined inferred resource of just two of seventy-four known kimberlites to 22 million carats at Peregrine Diamonds‘ (TSX: PGD) Chidliak project in the Canadian Arctic. “This result absolutely has positioned Chidliak in the Canadian development

  • NAME CHANGE: Shore Gold becomes Star Diamond Corp.

    February 12, 2018 by Canadian Mining Journal

    SASKATOON – Star Diamond Corporation is the new name for Shore Gold. The change has been made to honour the Star kimberlite located near Fort a la Crone. Star Diamond has completed the exploration and evaluation of the Star kimberlite,

  • News

    DIAMONDS: Kennady launches grassroots winter 2018 drilling

    February 5, 2018 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Kennady Diamonds of Toronto has a 10,500-metre winter drilling program underway with 60% of the activity allocated to testing high priority grassroots targets. The remaining 40% of the drill program is targeted on the Faraday kimberlites. Field

  • DIAMONDS: Mountain Province makes friendly bid for Kennady

    January 29, 2018 by Canadian Mining Journal

    TORONTO – Mountain Province Diamonds and Kennady Diamonds have entered into a friendly and definitive agreement whereby Mountain Province will acquire all the issued and outstanding shares of Kennady. The latter was spun out of Mountain Province in 2012. Kennady

  • News

    TNM Editorial: US gov’t slaps sanctions on Israeli mogul Dan Gertler

    January 22, 2018 by Canadian Mining Journal

    On Dec. 20, U.S. President Donald Trump signed an executive order under the year-old Global Magnitsky Human Rights Accountability Act and related acts to block the property of 13 “malign actors,” plus 39 affiliated individuals and entities accused of “serious

  • News

    AWARD: NWT government wins Diamonds Do Good prize

    January 17, 2018 by Canadian Mining Journal

    LAS VEGAS – The Diamond Empowerment Fund (DEF) has announced the recipients of its 2018 Diamonds Do Good awards to be presented at its annual gala on Jan. 31 at the Four Seasons Ballroom. The government of the Northwest Territories

  • DIAMONDS: Mountain Province prices new $330M secured notes to repay construction loans

    December 4, 2017 by Canadian Mining Journal

    TORONTO – Mountain Province Diamonds, 49% owner of the Gahcho Kue diamond mine in the Northwest Territories, is offering US$330 million in senior second lien notes due Dec. 15, 2022. The proceeds, plus cash on hand, will allow the company

  • News

    Peregrine tests underground potential of CH-6

    November 29, 2017 by Canadian Mining Journal

    Peregrine Diamonds (TSX: PGD) completed an $8.5-million summer work program at its Chidliak project, 120 km northeast of Iqaluit, this year focused on expanding resources at the CH-6 kimberlite. The work included a 5,288-metre core drilling program at CH-6 to expand

  • DIAMONDS: Dominion Diamond’s new chapter

    November 23, 2017 by Virginia Heffernan

    One of the biggest deals to hit the diamond world recently is the sale and privatization of Dominion Diamond, Canada’s premier diamond miner and the world’s third largest producer of rough diamonds by value. The sale gives Montana-based Washington Companies a 100%

  • DIAMONDS: Shore finds potential partner in Rio Tinto

    November 22, 2017 by Alisha Hiyate, Diamonds in Canada

    As recently as 2012, mining giant Rio Tinto had been publicly considering exiting the diamond space. But the company, which operates and owns 60% of the Diavik mine in the Northwest Territories, as well as the Argyle mine in Australia, was unable

  • DIAMONDS: Washington Cos complete Dominion Diamond deal

    November 1, 2017 by Canadian Mining Journal

    MISSOULA, Mont.  – The Washington Companies has completed the plan of arrangement making Dominion Diamond Corp. of Calgary a standalone, private company and member of the Washington group. Patrick Evans, formerly of Mountain Province Diamonds, has been named Dominion president

  • News

    DIAMONDS: De Beers to finish Victor mining in Q1 2019

    November 1, 2017 by Canadian Mining Journal

    ONTARIO – The De Beers Group announced on Nov. 1 that the Victor mine in Northern Ontario will be closed in the first quarter of 2019. Reserves will be exhausted at that time in line with the original feasibility study