Canada’s Big Three Mines Could Close Early
Canada’s three biggest diamond mines could be forced to close early, an economist has warned, amid the ongoing slump in prices.
Canada Diamond Mine
Diavik recovers 158.20 carat ‘miracle of nature’ diamond
One of the largest gem-quality yellow diamonds ever discovered in Canada, has been unearthed from Rio Tinto’s Diavik Diamond Mine.
Mountain Province Losses Increase in “Challenging Market”
Mountain Province reported increased net losses for the latest quarter as prices keep on dropping in a “challenging market”. The Canadian miner today (7 November) announced a net loss of $13.6m for the three months to 30 September, following on from a $4.7m loss in Q2 (all figures are in US dollars). “In Q3 2024 … Read more
Rio Tinto sells stake in Canadian diamond project, ups interest in copper
Rio Tinto sells stake in Canadian diamond project
Rio Tinto Buys Remaining Share of Diavik Diamond Mine
Rio Tinto, the world’s second-largest miner, just became the sole owner of the Diavik diamond mine in Canada’s Northwest Territories on Thursday. Despite saying in the past the Company was not interested in taking full control of the aging arctic mine, Rio Tinto ended up buying the 40% share held by Dominion Diamond Mines for … Read more
Victor Mine To Be Closed By De Beers in 2019
Production will cease at the De Beers Victor mine in Canada in 2019