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Rough Markets
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Jun 06, 2013
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Jeff Miller
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Ekati's Reserves Support Production Into 2019
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Dominion Diamond Corporation, formerly Harry Winston Diamond Corporation, reported that current reserves at its Ekati diamond mine in Canada's Northwest Territories would sustain mining into the year 2019, at least, according to its first...
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Mining
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Apr 25, 2013
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Deena Taylor
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Ekati Diamond Mine Production -26% in 3Q
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BHP Billiton reported that production at the Ekati diamond mine in Canada fell 26 percent year on year to 322,000 carats in the third fiscal quarter that ended on March 31, 2013. Ekati production is down 32 percent...
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Mining
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Apr 17, 2013
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Avi Krawitz
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Dominion Diamond Completes Ekati Acquisition for $553M
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Dominion Diamond Corporation, formerly Harry Winston Diamond Corporation, completed its planned acquisition of the Ekati diamond mine, which included associated diamond sorting and sales facilities in Yellowknife, Canada and Antwerp. Ekati consists...
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Mining
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Apr 10, 2013
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Jeff Miller
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Dominion Diamond's 4Q Sales +8%, Profit -10%
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Dominion Diamond Corporation, formerly known as Harry Winston Diamond Corporation, reported that sales from its mining operations rose 8 percent year on year to $110.1 million in the fourth quarter that ended on January 31, 2013....
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Mining
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Apr 04, 2013
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Avi Krawitz
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Mining
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Apr 02, 2013
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Avi Krawitz
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BHP's 1H Diamond Revenue -44%
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BHP Billiton reported that revenue from its diamond operations fell 44 percent year on year to $199 million in the six months that ended on December 31, 2012. Underlying earnings before interest and tax...
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Mining
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Feb 20, 2013
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Avi Krawitz
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BHP Billiton's Diamond Revenue -30%
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BHP Billiton reported that revenue from its diamond operations fell 30 percent year on year to $707 million during the fiscal year that ended on June 30, 2012. Underlying earnings before interest and tax...
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Mining
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Aug 22, 2012
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Avi Krawitz
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BHP Billiton's 3Q Diamond Production -21%
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BHP Billiton reported that its diamond production fell 21 percent year on year to 433,000 carats during its third quarter that ended on March 31, 2012. The company explained that the lower production was...
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Mining
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Apr 18, 2012
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Avi Krawitz
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Mining
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Apr 16, 2012
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Avi Krawitz
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More Diamond Mines For Sale
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The announcement this week that Rio Tinto is considering selling its diamond assets offered some shock value but little surprise. Like its conglomerate rival BHP Billiton, which made a similar declaration four...
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Mining
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Mar 30, 2012
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Avi Krawitz
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Mining
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Mar 14, 2012
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Jeff Miller
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BHP's Diamond Production -32% in 1H
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BHP Billiton reported a drop in diamond production at its Ekati diamond mine in Canada for the six months that ended on December 31, 2011. The mining giant recovered 938,000 carats during its first fiscal-half,...
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Mining
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Jan 17, 2012
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Jeff Miller
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Diamond (Mines) For Sale
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When it comes to diamond mines, particularly ones that yield consistent and good quality production, there should generally be a buyer. This is especially true given the supply-demand outlook that the diamond industry enjoys. A simple...
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Research
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Dec 02, 2011
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Avi Krawitz
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BHP Considers Sale of Ekati, Chidliak Projects
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BHP Billiton is reviewing whether a continued presence in the diamond industry is consistent with its corporate strategy and will evaluate the potential sale of all or part of the diamonds business. BHP holds a major stake in the...
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Mining
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Nov 29, 2011
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Jeff Miller
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BHP Billiton's Diamond Production -35% in 1Q
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BHP Billiton reported that diamond production fell 35 percent year on year to 457,000 carats during the first fiscal quarter that ended on September 30, 2011. ''Production was lower than all comparable periods due...
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Mining
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Oct 23, 2011
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Avi Krawitz
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BHP Approves Funds to Extend Misery Open Pit Project
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BHP Billiton approved funding for pushback on its existing Misery open pit project at the Ekati diamond mine and stripping operations are expected to begin in October 2011. BHP expects ore production to begin in late 2015 and final production from Misery pit in mid 2017.The estimated...
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Mining
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May 09, 2011
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Jeff Miller
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