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Shear Diamonds Suspends Jericho's Stockpile Production
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Shear Diamonds suspended the production of its stockpiles at the Jericho diamond mine, citing weak rough diamond prices. Until prices improve, Shear Diamonds stated that it would instead examine assets proximal to the Jericho...
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Mining
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Sep 04, 2012
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Jeff Miller
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Shear Delivers Third Parcel of Rough to Taché
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Shear Minerals delivered 22,289.39 carats of rough diamonds to Taché Company N.V. from the explorer's Jericho diamond mine stockpile; however, on August 20 Shear halted the recovery process in order to make equipment repairs. Shear anticipates...
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Rough Markets
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Aug 23, 2012
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Jeff Miller
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Shear Recovers 3,500 Carats From Jericho's Stockpile
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Shear Diamonds Ltd., owner of the Jericho diamond mine in Nunavut, Canada, began processing its high-grade concentrate stockpiles. A total of approximately 3,500 carats have been recovered from 358 tonnes after the first 10 days...
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Mining
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May 01, 2012
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Jeff Miller
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Jericho Mine Awarded 8-Year Water License
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The Nunavut Water Board (NWB) has approved a water license renewal for the Jericho diamond mine. Shear Diamonds requested an eight-year water license to cover the re-commissioning, operation and ultimate reclamation of the Jericho...
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Mining
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Dec 25, 2011
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Deena Taylor
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Shear's Funding Tops $1M From Partial Placement
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Shear Diamonds partially closed its private placement financing at $1,050,220. The maximum size of the proposed offering is $1.5 million. The proceeds from the sale of the common shares will be utilized for working capital...
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Mining
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Aug 22, 2011
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Jeff Miller
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Shear to Conduct Performance Tests, Water Removal at Jericho
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Shear Diamonds Ltd. expects its performance tests on the diamond recovery plant and plant feed assessments at the Jericho diamond mine to commence by the end of this month. In addition, Shear Diamonds announced that it will commence "pit de-watering" later this month. Water build-up inside the...
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Mining
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Jul 13, 2011
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Jeff Miller
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Shear Acquires New Claims Near the Jericho Mine
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Shear Diamonds Ltd. acquired 34 newly staked claims totaling 77,250 acres contiguous with the "Carat Property" surrounding its Jericho diamond mine. This new land package provides Shear Diamonds with blanket mineral...
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Mining
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Jul 06, 2011
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Jeff Miller
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Shear Diamonds Commences Drilling at Jericho
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Shear Diamonds Ltd. commenced its drilling program at the Jericho diamond project in Nunavut, Canada. As part of the company's ongoing exploration program, a series of six angled delineation drill holes have been planned to test areas...
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Mining
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May 05, 2011
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Jeff Miller
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Shear Minerals to Acquire Jericho Mine From Tahera
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Shear Minerals Ltd. has acquired the Jericho diamond mine, its processing facilities and all supporting exploration assets located in Western Nunavut, Canada from Tahera Diamond Corporation. Under the terms of the purchase agreement, Shear Minerals will pay $2 million in cash and issue 80 million...
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Mining
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Jul 20, 2010
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Deena Taylor
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