Diamond News

RSS

Growing Concern from Europe on Future Supply of Raw Materials

The European Union is seeing the shortage of raw materials as a major risk for the global economy as demand begins to exceed supply. European Union trade chief Karel De Gucht said that no country possessed all the raw materials that it needed.

21 Nov 2010

Diamonds North Resources Starts Bulk Sample Processing at Amaruk Property

Diamonds North Resources Ltd. (TSX VENTURE:DDN) announces the commencement of the processing of the 25 tonne bulk sample from the Beluga-3 kimberlite collected in 2010, located on the Company's 100% owned Amaruk property in Nunavut.

From Diamonds North Resources Ltd. 19 Nov 2010

South Africa's ANC Eyes a Nationalised Mining Industry

The African National Congress (ANC) is looking at the possibility of nationalizing the South African mining industry with the help of two independently appointed researchers. The irony of this decision is that they want mining companies to help fund the research.

16 Nov 2010

Peregrine Yields 612 Diamonds of About 0.075 mm Size at Nanuq Project

Peregrine Diamonds Ltd. (TSX:PGD) has reported diamond results for a 1,008 kilogram sample collected by core drilling from the NQN-001 kimberlite at the 33,100 hectare Nanuq North project located approximately 275 kilometres north of Rankin Inlet, and two kilometres north of Peregrine's wholly-owned 235,000 hectare Nanuq project in Nunavut, Canada.

16 Nov 2010

Stina Resources Reports 2010 Analytical Results at the Dime Gold Property in White Gold District

Stina Resources Ltd. (TSX VENTURE:SQA) has announced analytical results from the 2010 soil sampling, trenching, and diamond drilling programs have been received and compiled.

From Stina Resources Ltd. 10 Nov 2010

Continental Nickel Intersects 5.35% Nickel over 0.60 M in Hole NAD10-206 at the Nachingwea Project

Continental Nickel Limited (TSX VENTURE:CNI) has reported final assay results from its recently completed "Phase 1" diamond drilling program on the Nachingwea nickel-copper sulphide project in Tanzania.

10 Nov 2010

Zimbabwe Knocked Back by Kimberley Process for Diamond Exports

Zimbabwe has still not managed to get approval from the Kimberley Process Certification Scheme (KPCS) to sell its diamonds from the controversial Marange field. KPCS officials were hoping to reach an agreement by Thursday but this did not materialize.

8 Nov 2010