Dominion Diamond raises expected 2013 gem production

Canadian miner Dominion Diamond on Friday raised the expected precious gem output on a 100% basis from its 40%-owned Diavik mine, for this year, by 11% to 6.6-million carats, as it planned to process more of the stockpiled ore. Dominion said the...

Dominion Diamond reports significantly higher production at Diavik

TSX- and NYSE-listed Dominion Diamond says total production from its 40% owned Diavik diamond mine rose by a fifth during the first three months of the year, mainly as a result of improved grades in each of the kimberlite pipes. Production at the...

Dominion Diamond lifts Q4 sales as global demand improves

Canadian miner Dominion Diamond late on Wednesday reported increased diamond sales during the fourth quarter ended January 31, as global demand increased and prices were also higher. The company, which recently changed its name from Harry Winston...

Harry Winston lifts 2012 diamond production on higher grades

Canadian diamond miner and luxury goods manufacturer Harry Winston on Tuesday said it had lifted its 2012 full-year diamond production from its part-owned Diavik diamond mine by nearly 7.5% year-on-year to 7.2-million carats on higher grades, but...

Diavik Q3 production flat, mining for higher-value carats

Diamond enterprise and luxury goods manufacturer Harry Winston Diamond reported flat third-quarter diamond production of 1.93-million carats from its 40%-owned Diavik mine, although it processed 19% less ore. The decline in ore processed in the...

Gold producers, Indian cutters might fund Canada’s newest diamond mines

With positive feasibility studies in hand, companies aim to start building at least three new diamond mines in Canada by the third-quarter of next year, at a combined cost of around $3.4-billion. First the hopefuls, including Mountain Province,...

Harry Winston says Diavik production up 19%

TSX-listed miner Harry Winston Diamond on Tuesday said diamond production increased by 19% at the Diavik mine in Canada’s Northwest Territories. The mine, which Harry Winston owns with Rio Tinto, produced 1.6-million carats from 500 000 t of...

Potential diamond mine buyers few, says Harry Winston boss

There is a “narrowed field” of potential suitors for diamonds mines, owing to the complexities of the market, Canada’s Harry Winston chairperson and CEO Robert Gannicott said on Thursday. “It’s not easily undertaken by someone who is...

Marriage of spun-out diamond assets may be best for Rio, BHP

With Rio Tinto broadcasting that it is joining bigger rival BHP Billiton in considering selling its diamond businesses, analysts said on Tuesday the diversified giants might rather combine the assets and list them. For starters, both have major...

Rio Tinto may put up diamond mines for sale

Diversified giant Rio Tinto has launched a strategic review of its diamond business, which would include potentially selling some of its assets in Australia, Canada and Zimbabwe. “We have a valuable, high-quality diamond business, but given its...

Slow start, but Canada diamond ice road operators not panicking

Above zero temperatures have set the 600-km ice road connecting diamond mines in Canada’s Northwest Territories with supplies slightly behind schedule since trucking began at the start of the month, but there is no reason to panic yet, the man...

Diavik production to grow in 2012

Harry Winston Diamond Corp said on Tuesday the Diavik mine in Canada’s Northwest Territories produced 6.7-million carats during 2011, about 3% less than the 6.9-million carats it had forecast, as a result of lower-than-expected amounts of...