Dominion Diamond Corporation
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Kinross unloads stake in Crixas for US$220 million
VANCOUVER — Canada’s third-largest gold producer Kinross Gold has divested its 50% stake in the Crixas gold operation in central Brazil to South African partner AngloGold Ashanti in a cash deal worth US$220 million.
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Great Gusto
At midnight on Valentine’s Day this year, as the Northern Lights swirled eerily overhead and a crisp breeze amplified the -20C chill, an unusual convoy of Western Star heavy haul trucks, pilot vehicles, and highway escorts were…
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PERSPECTIVE: Harper hits right balance between resources and environment
Prime Minister Stephen Harper appeared to hit the right balance between environmental protection and mine development in the speech he delivered on April 14, 2012, at the Summit of the Americas in Cartagena, Colombia.
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PERSPECTIVE: Is there something wrong with diamonds?
First, the Oppenheimer family sold its remaining interest in De Beers to partner Anglo American. De Beers Canada owns and operates the Snap Lake diamond mine in the Northwest Territories and the Victor mine in Ontario. It is a partner with…
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YEAR END RESULTS: Good news for all types of miners
It’s not just the gold producers who are reporting positive fourth quarter and 2011 year end results. The news releases reaching CMJ in the past week include base metal miners, diamond miners and more. Here is look at a few of the notable…
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Barrick Leads Top 40 List
The numbers have been crunched, the results tabulated, and CMJ is proud to announce this year’s top Canadian mining company is the world’s biggest gold producer, Barrick Gold. Thanks in part to the historic high price of gold, the company had…
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DIAMOND STAKE: Kinross selling remaining equity in Harry Winston
TORONTO – Kinross Gold Corp. has decided to sell its remaining 8.5% equity interest in Harry Winston Diamond Corp. in a deal worth $100 million. Last August, Kinross sold its former 22.5% interest in the partnership holding Harry Winston’s 40%…
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PERSPECTIVE: Kinross buys Red Back, growth opportunity in Africa
In what is being billed as a friendly deal, Kinross Gold of Toronto has offered US$7.1 billion for Vancouver’s…
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OWNERSHIP SHIFT: Harry Winston ups Diavik share to 40%
NORTHWEST TERRITORIES – Kinross Gold of Toronto has agreed to sell its interests in the Diavik diamond mine to…
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DIAMOND MINING: Winter shutdown cancelled at Diavik
NORTHWEST TERRITORIES — Thanks to increasing market strength, the planned one-month winter shutdown at t…
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DIAMOND MINING: Diavik latest mine to take a breather
NORTHWEST TERRITORIES – The Diavik diamond mine near Lac de Gras is the latest diamond mine to announce production …
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DIAMOND MINING: Kinross buys interest in Diavik mine
NORTHWEST TERRITORIES – Kinross Gold of Toronto has agreed to invest US$150 million in Harry Winston Diamond Corp. …
