Latest Snap Lake Diamond Mine Stories

2011-06-14 06:48:00

TORONTO AND NEW YORK, June 14, 2011 /PRNewswire/ - Gahcho Ku© JV partners De Beers Canada Inc. (51%) and Mountain Province Diamonds Inc. (49%) (TSX: MPV) (NYSE AMEX: MDM) today announced that they have: 1. Approved the Gahcho Ku© feasibility study with agreed revisions and clarifications; 2. Approved the execution of the necessary development work for the Gahcho Ku© project; and 3. Mandated the Gahcho Ku© project operator to...

2008-03-12 09:35:00

Canada's far north region, once known for its gold mining, is now pulling diamonds from the ground, and unearthing some of the purest diamond deposits ever found.At the Diavik mine, 130 miles south of the Arctic Circle, a 650-foot deep crater can be seen among the ice-covered tundra where pipes containing vertical columns of diamond-bearing rock are among the most valuable in the world.  Kimberlite pipes spokesman Tom Hoefer said, "They're among the three best pipes in the world, by...

2006-03-22 20:19:56

By Rachelle Younglai TORONTO (Reuters) - The closure of an ice road over frozen lakes in Canada's Arctic will have "significant implications" for two of South African diamond giant De Beers' projects in the country, the company said on Wednesday. De Beers and other diamond companies depended on the road to ship crucial supplies to their remote mining sites in the Northwest Territories and Nunavut territory. But unseasonably warm temperatures have melted parts of the road, making it...

Word of the Day
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.