The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 51 - 58 of 58
BLT: LON Chief Executive Officer: Marius Kloppers Chief Financial Officer: Alex Vanselow London-based BHP Billiton, one of the world's largest diversified resources companies, owns nearly 80 percent of the Ekati diamond mine, Canada's first surface and underground diamond mine, which officially began production in 1998. Located about 310 kilometers, or about 192 miles, northeast of Yellowknife, Ekati has about 156 kimberlite pipes with both open-pit and underground mining operations. The Panda and Koala pits are underground...
Mineral-rich Nunavut Territory celebrated its 10th anniversary in 2009 and mining explorers seeking diamonds and precious and base metals brought their drills to the party. The territory, home to only 31,000 people living in 25 small, scattered communities, covers 1.9 million square kilometers, or one fifth the land mass of Canada and dwarfs Alaska by nearly 200,000 square miles. Of the young territory's economic prospects, mineral resource development offers perhaps the most long-term potential. "When I started work in...
IME: TSX-V President and CEO: Bruce Counts Vice President, Exploration: Dave Kelsch Indicator Minerals Inc. is exploring more than 2.74 million acres of targeted ground in the Canadian arctic and is currently advancing four drill-ready projects in Nunavut - Darby, Borden, Grail and Nanuq North - with potential for discovery. This year, the diamond hunter devoted its exploration dollars to further investigation of the diamondiferous NQN-001 kimberlite discovered in 2008 at its Nanuq North joint venture with Peregrine Diamonds...
PGD: TSX Chairman and CEO: Eric Friedland President: Brooke Clements Vice President, Exploration VP: Peter Holmes Since 2002 Peregrine has focused on diamond exploration in northern Canada, acquiring varying interests in Northwest Territories, Nunavut and Manitoba properties. The junior has reported discoveries of diamond-bearing kimberlites on its 9,800-square-kilometer Chidliak Project located about 120 kilometers, or 77 miles, northeast of Iqaluit on Baffin Island, Nunavut, including 13 kimberlites in 2009, and three...
Peregrine Diamonds Ltd. has discovered seven additional kimberlites on its 9,800-square-kilometer, or 3,784-square-mile, Chidliak Project in Nunavut, and recent tests yielded discovery of large diamonds and a coarse diamond size distribution in representative drill core samples collected from the CH-6 kimberlite. "We believe these microdiamond counts from CH-6 are some of the best results in the history of Canadian diamond exploration and a testament to the outstanding potential of Chidliak," Peregrine CEO Eric Friedland...
A good bit of the excitement in Nunavut's mining sector this summer is being generated by Peregrine Diamonds Ltd. at the Chidliak Project on Baffin Island. The junior's 2009 exploration program of the 9,800-square-kilometer, or 3,784-square-mile property got underway in May. It is drawing significant industry attention, not only because of the hefty $9.2 million that partner BHP Billiton forked over to fund the gambit, but also because it offers the possibility of a major diamond discovery. BHP, which owns most of the huge...
TORONTO - For a first-timer, attending the 77th Prospectors and Developers Association of Canada annual International Convention, Trade Show and Investors Exchange overwhelmed, teased, tantalized and downright exhausted. Though folks remarked that convention attendance seemed down from the record-breaking levels of recent years, one couldn't discern any slackening in the steady streams of dark-suited conventioneers pouring onto the escalators in the multistoried convention hall, or crowding into meeting rooms at neighboring...
Producing mines Early in 2008, Tahera Diamond Corp., owner and operator of Jericho Diamond Mine - Canada's third, and Nunavut's first diamond mine - filed bankruptcy and sought creditor protection. Tahera opened the Jericho in 2006 and recovered and processed 155,000 metric tons (average grade of 0.79 carats per metric ton) during the fourth quarter of 2007, resulting in production of 122,500 carats valued at US$11.6 million, compared with US$8.4 million in the third quarter of 2007. However, financial losses were reported...
