Canadian Mining Journal


  • 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

  • News

    DIAMONDS: Valuation averages $52/ct for Kennady North

    November 15, 2016 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Kennady Diamonds of Toronto has received a valuation averaging US$52 per carat for samples from the Kelvin kimberlite at the Kennady North project. The material was collected by bulk sampling programs in 2015 and 2016. The five

  • News

    PROJECT MANAGEMENT: Hatch’s work at Gahcho Kue earns award

    November 14, 2016 by Canadian Mining Journal

    MONTREAL – At an awards gala hosted by the Montreal chapter of the Project Management Institute on Nov. 8, 2016, Hatch’s submission for the Gahcho Kue project took top honours in the private industry category. The 2016 project of the

  • Feature

    Stornoway’s First Diamonds

    October 1, 2016 by Canadian Mining Journal

    Stornoway marks the end of a 15-year journey to build Quebec’s first diamond mine.

  • DIAMONDS: Gahcho Kué Diamond Mine Opens

    September 23, 2016 by Canadian Mining Journal

    Gahcho Kué, the world’s largest new diamond mine in the last 13 years, officially opened today. The mine, a joint venture with The De Beers Group of Companies (51 per cent) and Mountain Province Diamonds (49 per cent), is expected

  • ECONOMY: Canada’s territories on diverging GDP paths: Conference Board of Canada

    September 22, 2016 by John Cumming, The Northern Miner

    It’s tough enough to have an economy dependent on commodity cycles, but doubly so in the small economies of Canada’s three territories, where the opening or closing of a single mine can make the difference between a growing or shrinking

  • News

    DIAMONDS: Gahcho Kue to pump $6.7B to NWT economy

    September 8, 2016 by Canadian Mining Journal

    NORTHWEST TERRITORIES – The newest diamond mine in Canada, Gahcho Kue near Lac de Gras, will pump $6.7 billion into the territorial economy during the life of the project, according to a report published by EY for De Beers Group