Diamond Mining

Metalex announces drilling progress on large Angolan kimberlite

Metalex Ventures Ltd. report the completion of the fourth core hole and progress on the fifth hole drilled into the large (approximately 24 hectare) kimberlite discovery reported in the news release of April 1, 2009. The fourth hole was drilled at the same site as the vertical hole 3 inclined (-55 degrees) towards the first two core holes located 283... 

Alluvial Diamond Mining Expert Wants Changes to Rockwell Board

Hennie Van Wyk, the former owner and operator of the majority of the assets of Rockwell Diamonds Inc., and a holder of approximately 4.3% of Rockwell, today commented on Pala Investments Holdings’ proposed slate of directors for Rockwell. “As a shareholder of Rockwell, I have grave concerns about the current mismanagement of the company... 

VIPR Industries Closes on Agreement to Acquire Up to 50% Ownership of the Mwamagunguli Diamond Mine

VIPR Industries Inc. announces that it has signed a closing agreement to purchase up to 50% ownership of the Mwamagunguli Diamond concession in the rich Shinyanga Diamond Region of Tanzania, which is one of the world’s largest diamond producing areas. The Mwamagunguli diamond deposit consists of ten primary mining licenses that are situated south... 

African Queen Mines Sampling Yields G10 Garnets and Other Kimberlitic Indicators Over Key Diamond Targets on Its Okavango Project in Botswana

AFRICAN QUEEN MINES LTD. announce that results of geochemical sampling from its Okavango property in the Ngamiland area of Northwest Botswana have now confirmed the presence of G10 garnets and other kimberlitic indicator minerals on its key diamond targets. The Okavango property comprises three Prospecting Licences covering approximately 2592 km2 held... 

Mexivada Receives Signed MOU from Gbense Chiefdom for Diamond Mining at Kono, Sierra Leone

Mexivada has executed a series of legal documents to facilitate start up of new artisanal diamond mining operations in Sierra Leone, Africa, through its subsidiary, Mexivada Gold and Diamond Mining Company (SL) Limited. MGD has received a signed Memorandum of Understanding dated November 14, 2008 from the Gbense Chiefdom of the Kono diamond mining district... 

Dianor Resources Completes Acquisition of Surface Rights to Leadbetter Extension Property

Dianor Resources Inc. announce that it has completed a previously-announced purchase of surface rights to the Leadbetter Extension Property from persons associated with Mr. Joseph Leadbetter and that the surface rights have been registered in Dianor’s name. As previously announced, under the definitive agreement for the sale of the surface rights... 

Diamond Discoveries International Corp. Hires Knight Libertas LLC for M&A Advisory

Diamond Discoveries International Corp., a U.S. company focusing on diamonds, precious and base metal exploration in the Canadian province of Quebec, announce the hiring of Knight Libertas LLC as an exclusive mergers and acquisitions advisor. In this capacity, Knight Libertas will pursue strategic options for Diamond Discoveries Caribou Properties located... 

Dianor Resources Signs Definitive Agreements for Acquisition of Surface Rights to Leadbetter Extension Property

Dianor Resources Inc. announce that it has signed definitive agreements for a previously-announced purchase of surface rights to the Leadbetter Extension Property from persons associated with Mr. Joseph Leadbetter and for the immediate suspension and eventual termination of an Excavation Contract between Dianor and Mr. Leadbetter (press release August... 

Majescor and Strateco Plan a Winter Exploration Program and Sign a Definitive Option Agreement for the Mistassini Uranium Property, Otish Mountains, Quebec

Majescor Resources Inc. and Strateco Resources Inc. report that they have executed a definitive option agreement for Majescor’s Mistassini uranium property. The Property is host to the Lac Mantouchiche uranium showing where Majescor drilled an 18.5-metre intersection grading 0.215% U3O8 near-surface in hole MIST-07-03 . Strateco is currently planning... 

Archangel Diamond Corporation Continues Its Discussions With Russian Federal Anti-Monopoly Service

Archangel Diamond Corporation announced on October 29, 2008 that, in connection with its proposed acquisition of a 49.99% equity interest in OAO Arkhangelskoe Geologodobychnoe Predpriyatie (“AGD”) from OAO LUKOIL described in the Corporation’s news release dated April 16, 2008, Archangel had received a conditional consent for such...