Rio Tinto Canada Exploration Inc. (formerly, Kennecott Canada Exploration Inc.) has instructed GGL Resources Corp. (TSX-V: GGL) to prepare and implement the 2010 diamond exploration program on the CH Project Area about 250 kilometers north of Yellowknife, Northwest Territories, Canada.
Ground gravity surveys are scheduled for the later part of this March 2010 to be [...]
Canada
Rio Tinto Instructs GGL Resources Over Diamond Exploration on CH Diamond Project
Canada
Diamond Inclusion Eclogites recovered from Tres-Or’s Guigues Pipe, Quebec
Tres-Or Resources Ltd. (Tres-Or) reports on a preliminary microprobe evaluation of the Guigues Kimberlite near Notre Dame du Nord, Quebec. Microprobe analyses from kimberlite indicator minerals (KIMs) recovered from three reverse circulation (RC) drill holes completed at the Guigues pipe have returned eclogite garnets comparable to most inclusions in diamond. These eclogite garnets with diamond [...]
Americas
Visant Corporation Agrees to Make Offer to Acquire Intergold Ltd.
pVisant Corporation and Intergold Ltd. have entered into a pre-acquisition agreement pursuant to which Visant will, subject to certain customary conditions, make a cash offer to acquire all of the issued and outstanding common shares of Intergold. Visant intends to make the offer through a newly incorporated, wholly owned subsidiary of its Jostens, Inc. subsidiary. [...]
Canada
Zara Boldt Appointed as Chief Financial Officer of Stornoway Diamond Corporation
pMs. Zara Boldt, currently Stornoway Diamond Corporations Vice President, Finance, has been appointed to the additional role of Chief Financial Officer. Zara, a Certified General Accountant, held progressive positions with several mineral exploration companies prior to being appointed to her current position with Stornoway in 2007. As Chief Financial Officer, Zara will be tasked with [...]
Africa
U.S Diamond Jewelry Accounts for 55% of Total Jewellery Sales Says New Report
The report ‘Worldwide Jewelery Market Demand and Opportunities’ covers global gems and jewellery industry structure, market size, trends and opportunities prevailing. In terms of geography the report covers the United States, which accounts for the largest percentage of the market, European Union including Romania, Bulgaria and Germany.
The structure of the jewellery industry is global in [...]
Canada
Stornoway Closes $11.5 Million Equity Financing; Proceeds to be Used for Renard Diamond Project
pStornoway Diamond Corporation has closed the equity financing previously announced on February 3, 2010 pursuant to which Stornoway has sold 23,000,000 common shares at a price of $0.50 per share for gross proceeds of $11,500,000 (the Offering)./p
pThe Company intends to use the net proceeds of the Offering to complete a bankable feasibility study and conduct [...]
Africa
Afri-Can Marine Raises $1,990,613 for Block J Marine Diamond Concession in Namibia
pAfri-Can Marine Minerals Corporation has raised $1,990,613 million from the exercise of 12,935,750 share purchase warrants expiring on February 25th, 2010, 100,000 share purchase warrants expiring on January 26th, 2011 and 235,000 share purchase warrants expiring on May 6th, 2011. The share purchase warrants were exercised at a price of $0.15 each, and the number [...]
Americas
Zale Had Net Earnings of $6.7 Million in Second Quarter Fiscal 2010
Zale Corporation (NYSE: ZLC) had net earnings of $6.7 million, or $0.21 per share, for the second fiscal quarter ended January 31, 2010, compared to a net loss of $31.8 million, or $1.00 per share, in the comparable period in fiscal 2009. Aggregate revenues were $582 million, a decrease of 14.3% compared to $679 million [...]
Canada
Diamond Decorative Piece Showcased in the Winter Olympics Aboriginal Pavilion
A throat decoration, which features diamonds from Snap Lake on loan from De Beers and designed by Canadian aboriginal designer Angela DeMontigny, is being showcased in the Aboriginal Fashion Showcase in the 2010 Aboriginal Pavilion of the winter Olympics.
The gorget, named Universal Unity, is to tour throughout Canada at upcoming fashion events such as Montreal [...]
Canada
De Beers Canada Supports the Diamond Bourse of Canada
De Beers Canada has expressed its support for the Diamond Bourse of Canada, which opened in late January 2010.
The bourse is an industry led and member supported initiative, with the cooperation of the governments of Ontario and the Northwest Territories, to provide a safe, secure venue for diamond merchants to trade rough and polished diamonds.
“The [...]
Canada
Archangel Diamond Corporation Obtains Recognition Order from Ontario Court; Calls Special Meeting of Shareholders
Archangel Diamond Corporation will hold a special meeting of shareholders on Monday, March 15th , 2010, at 10:00 a.m. (Toronto Time) at the offices of Fasken Martineau DuMoulin LLP at 66 Wellington Street West, 36th Floor, Toronto Dominion Tower, Toronto, Ontario, Canada to approve the voluntary dissolution of the Corporation and the delisting of the [...]
Africa
New report Covers Worldwide Jewelry Market Demand and Opportunities
Research and Markets has announced the addition of the “Worldwide Jewelry Market Demand and Opportunities” report to their offering.
The report covers global gems and jewelry industry structure, market size, trends and opportunities prevailing. In terms of geography the publisher has discussed United States, which accounts for the largest percentage of the market, European Union including [...]
