Americas

Prince William and Kate Visiting the ‘Diamond Capital of North America’

Prince William and his wide Kate are due to visit the ‘Diamond Capital of North America’, Yellowknife, as part of their tour of Canada and the west coast of the United States. The newly-weds, their Royal Highnesses The Duke and Duchess of Cambridge, will visit eight cities during their tour of Canada, from June 30 [...]

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Canada

BRC DIAMOND CORE CLOSES FINANCING

BRC DiamondCore Ltd has closed a non-brokered private placement of 7,500,000 units of the Company at a price of Cdn$0.08 per unit for proceeds to the Company of Cdn$600,000. Each such unit is comprised of one common share of the Company and one warrant of the Company, with each such warrant entitling the holder to [...]

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Canada

BHP Billiton Aapproves Misery open pit project at EKATI Diamond Mine

BHP Billiton today announced the approval of the Misery open pit project at its EKATI Diamond Mine in the Northwest Territories, Canada. This project consists of a pushback of the existing Misery open pit which was mined from 2001 to 2005. Stripping operations are expected to begin in October 2011, with ore production beginning late [...]

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Canada

Victor Diamond Helps Raise Funds for Hospital

A beautiful diamond from the Victor Mine was one of the showpiece items at the 13th Annual Fundraising Gala for the Timmins & District Hospital on Saturday, May 8th, where total proceeds from the evening reached $188,000.00. The .74 Round Brilliant diamond was mined, cut and polished in Ontario and has a retail value of [...]

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Americas

Bain & Company Predicts Eight Percent Growth in Global Luxury Goods Sales in 2011; Five-to-Six Percent Annual Growth Through 2014

Buoyed by strong first quarter momentum in the U.S. and Europe and continuing growth in China and other fast growing luxury markets—including Russia, Brazil and the Middle East—worldwide luxury sales are projected to grow to €185 billion in 2011, up eight percent from €172 billion in 2010; this according to Bain & Company, the leading [...]

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Canada

Court ruling a major step forward for case against Canadian mining company

The Superior Court of Quebec has ruled that the case against Canadian corporation Anvil Mining Limited in relation to alleged involvement in a 2004 massacre in the Democratic Republic of Congo can proceed to the next stage. The class action against Anvil Mining was filed in the District of Montreal on 8 November 2010 by [...]

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Canada

Sanatana Diamonds Announces Name Change

Sanatana Diamonds Inc. (“Sanatana” or the “Company”: TSX-V: STA) announces that effective at the open of market on May 2, 2011, Sanatana Diamonds Inc. will be re-named “Sanatana Resources Inc.”. The Company’s common shares will continue to trade on the TSX Venture Exchange under the symbol “STA”. Sanatana is an exploration stage company that has [...]

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Americas

Birks Launches Silhouette Collection Which Combines modern look of silver and diamonds

The BIRKS SILHOUETTE Collection is comprised of pieces that are easy to wear and stylishly simple. This playful collection combines the traditional art of the silhouette and the modern look of silver and diamonds. For a limited time, Birks is offering free engraving (up to 10 letters) with your online order. This web-exclusive item will [...]

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Canada

Stornoway Diamonds Provides Renard Project Update – Feasibility Study on Track for Delivery in Third Quarter

Stornoway Diamond Corporation (TSX-SWY) is pleased to provide a progress update on feasibility level work at the Renard Diamond Project, Stornoway’s flagship project located in North Central Qu?bec. In July 2010, Stornoway announced the commencement of a full program of mine design, environmental assessment, permitting and community engagement designed to lead to a production decision [...]

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Americas

Alliance Data’s LoyaltyOne Business Signs Agreement With Zale Canada, the Leading Canadian Specialty Jewelry Retailer

Alliance Data Systems Corporation (NYSE: ADS), a leading provider of loyalty and marketing solutions derived from transaction-rich data, and Zale Corporation (NYSE: ZLC), a leading specialty retailer of fine jewelry in North America, today announced a national agreement between Alliance Data’s Canadian coalition loyalty business and Zale Canada. The agreement provides for Zale’s Canadian brands, [...]

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Canada

METALEX RECOVERS ADDITIONAL LARGE DIAMONDS FROM U2

Metalex Ventures Ltd. reportS preliminary macro diamond results from the fourth of 11 holes from the 9.3 hectare U2 kimberlite pipe on the Metalex – Arctic Star Diamond Corp. (TSXV : ADD) joint venture in the James Bay lowlands, Ontario. Primary recovery of diamonds from the fourth hole is now complete. The hole contains 300 [...]

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Canada

Snap Lake Diamond Mine $40 Million facility Opened

Adeline Jonasson, an elder from Lutsel K’e, has cut the ribbon to officially open the permanent accommodations facility at De Beers Canada’s Snap Lake Diamond Mine. Construction of the $40 million facility began in February. Employees have already moved into the new facility, which features private rooms with in-room internet connections, expanded dining room and [...]

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