March 22, 2011

Indicator Minerals options Barrow project to Diamonds North Resources

Indicator Minerals Inc. (TSX VENTURE:IME) today announced that it has entered into an option agreement with Diamonds North Resources (TSX VENTURE:DDN) on […]

March 22, 2011

Australian Junior unearths large zinc anomaly in Botswana

Mt. Burgess has identified a large zinc soil geochemical anomaly on its Kihabe-Nzuu base metals prospect in Botswana. Mt Burgess Mining NL (ASX: MTB), which has been actively exploring Botswana…

March 21, 2011

Gem Diamonds in talks with Lucara

Gem Diamonds says it is in very early stage talks with Canadian-listed Lucara Diamond Corp over a possible merger. "These discussions are at a very early stage and there can…

March 16, 2011

Gem Diamonds: one tough day for results

With Japan the third biggest buyer of global jewellery, Tuesday was a tough day for London-listed Gem Diamonds to announce results.

March 12, 2011

Two 0.72-carat diamonds pulled from James Bay lowlands

Metalex Ventures (TSX:MTX) recovered a 0.72 carat white diamond from its James Bay lowlands project in Quebec — a joint venture between Metalex and Arctic Star Diamond Corp. (TSX:ADD). The…

March 10, 2011

Zimbabwe lashes out at diamond industry

Around 30 percent of Zimbabwe’s economy comes from minerals but the country’s Mining Minister says domination by one of the industry’s biggest players – and compliance issues – are preventing…

March 8, 2011

Stornoway announces new microdiamond results from the Aviat project, Nunavut

Stornoway Diamond Corporation and Hunter Exploration Group have provided new microdiamond results from the AV9 kimberlite and the related Eastern Sheet Complex […]

March 8, 2011

Spirit Resources SARL advises of intention to acquire additional Diamond Fields shares

Diamond Fields International Ltd. has been advised by Spirit Resources Sarl that it intends to acquire additional shares of the Company through an ordinary course purchase program for up to…

March 4, 2011

Vaaldiam Agrees to Acquire 51% of Brauna Property

Vaaldiam must pay US$6.5 million to the existing joint venture partners. The property area is 5,000 hectares, located in Bahia State, Brazil, contains 22 known kimberlite occurrences, including the Brauna…

March 4, 2011

Peregrine completes Can$8.4 million private placement

Peregrine Diamonds completed a non-brokered private placement of 3,000,000 common shares at a price of $2.80 per share for proceeds of $8.4 million. Proceeds will be used for mineral exploration…