Diamonds

Canadian Gold Explorer Expected to Garner Interest as ‘M&A Target’

Source: Streetwise Reports 09/21/2017 With a 100%-owned project spitting our results like a winning slot machine, several industry analysts took notice. Victoria Gold Corp. (VIT:TSX.V) announced multiple results from its 100%-owned Dublin Gulch gold property in the Yukon with back to back new ...

South Africa labour disputes drag Petra Diamonds shares down

By analyst By Cecilia Jamasmie Shares in Petra Diamonds (LON:PDL) dropped almost 6% Tuesday after the company reported fresh labour disruptions at two of its mines in South Africa, amid talks to reach a new wage agreement. Petra revealed there had been disruption at its Finsch mine and Kimberley ...

Fertilizer firms one step closer to closing the big deal

The pending merger between Agrium and Potash Corp. of Saskatchewan came one step closer to completion when it won Canadian regulatory approval on September 11. The merger still awaits authorization from several more countries, but the two companies expect to complete the deal by the end of 2017. In ...

A Diamond Play with Development, Discovery Potential

Source: James Kwantes for Streetwise Reports 09/19/2017 With a diamond supply deficit looming, James Kwantes, editor of Resource Opportunities. profiles a cashed-up junior company at the forefront of Canadian diamond exploration. The November 1991 discovery of diamonds in the Northwest Territ ...

Thermal coal sales help lower debt and increase dividend and share buybacks

As one of the world’s largest mining groups, Rio Tinto brings a vast range of minerals into production. But it is cutting back in one important area, selling thermal coal facilities as more power plants switch to clean energy alternatives.The company is using the money from the sale of coal and o ...

Thermal coal sales help lower debt and increase dividend and share buybacks

As one of the world’s largest mining groups, Rio Tinto brings a vast range of minerals into production. But it is cutting back in one important area, selling thermal coal facilities as more power plants switch to clean energy alternatives.The company is using the money from the sale of coal and o ...

The Wrong Way to Invest in Gold

By Marc Lichtenfeld One weekend last year, I was standing in a karaoke bar deciding whether to sing The Rolling Stones’ “Miss You” or David Allan Coe’s “You Never Even Called Me By My Name” – two very different grooves… I was trying to read the room, gauge how my performance would b ...

Zimbabwe diamonds backing country’s secret police — report

By analyst By Cecilia Jamasmie Zimbabwe’s ruling elite is using funds coming from diamond exports to finance its Central Intelligence Organization (CIO), accused of several human-rights abuses while helping President Robert Mugabe to remain in power for decades, a report shows. According to ant ...

Petra Diamonds shares crater after Tanzania seizes $15 million shipment

By analyst By Cecilia Jamasmie Shares in Petra Diamonds (LON:PDL) nosedived Monday after the company confirmed the Tanzanian government had seized a parcel of gems worth about $15 million, as part of an ongoing probe into alleged wrongdoing in the diamond and tanzanite sectors. The company, kno ...

PEA extends Ekati minelife by 7 years to 2042

By analyst By Andrew Topf A preliminary economic assessment (PEA) of the Ekati mine in Canada’s Northwest Territories has the iconic diamond operation staying open seven more years. Dominion Diamond Corporation (NYSE, TSX:DDC) said last week that spending $628 million going underground in the m ...