The Northwest Territories Readies for a Mining Boom
The Canadian federal government is preparing to hand more resource control to the territory, while a new report says the north’s resource production is about to spike.
The Canadian federal government is preparing to hand more resource control to the territory, while a new report says the north’s resource production is about to spike.
Diamond – Reuters reported that Zimbabwe President Robert Mugabe has called for the investigation of 5 provincial leaders who were accused of swindling two diamond mining companies of $750,000.
Diamond – At its annual meeting, the Kimberley Process failed to update the definition of conflict diamonds.
Diamond – Mining Weekly reported De Beers’ Voorspoed mine increased its mining efficiency by 12% over a 100-day period by implementing a rapid-results project.
Diamond – Bloomberg reported Antwerp’s diamond dominance is being challenged with growing competition.
Diamond – Mmegi Online reported Botswana exported 29 percent less rough and polished diamonds than in the previous three months.
Diamond – Lucara Diamond Corp. (TSX:LUC,BOTS:LUC,NASDAQOMXFirst North:LUC) announced it recovered a 9.46 carat rare blue diamond from its Karowe mine in Botswana.
Diamond – Reuters reported Botswana is expected its economic growth to slow as diamond demand stutters.
Diamond – Stornoway Diamond Corporation announced construction progress on the Route 167 Extension to provide year round highway access to the Renard diamond project.
Diamond – Mining Weekly reported Firestone Diamonds (LSE:FDI) may recover up to 1.2 million tons from its Lesotho mine.
Get our independent commentary on resource trends and companies delivered to your inbox.