Nearly two decades ago, a dogged geologist named Charles Fipke was practically down to his last nickel. He and a fellow prospector, Stewart Blusson, had been crisscrossing the vast frozen hinterland ...

CANADA ROCKS: Like so many luxury products right now, diamonds — natural and lab-grown — are having a hard time. The prices of both are down in the double-digits while the fate of the best-known ...

Li-FT has until June 2028 to exercise the option, with the possibility of a one-year extension. During that period, the ...

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Burgundy Diamond Mines is laying off several hundred employees as it is temporarily suspending mining at the Point Lake open pit, part of two operations at the Ekati diamond mine in the Northwest ...

The owner of the Ekati Diamond Mine in the Northwest Territories has secured court-ordered creditor protection as diamond prices plunge and operational costs rise. Burgundy Diamond Mines’ Canadian ...

Ekati Diamond Mine is getting a a $115 million loan from the Canadian government to continue operations at the mine and protect jobs, its owner announced Thursday. Jeremy King, CEO of Australia-based ...

The Missoula-based Washington Companies, a privately held conglomerate of mining and transportation assets founded by billionaire Dennis Washington, has announced it is at a negotiating impasse with a ...

Add Yahoo as a preferred source to see more of our stories on Google. The grim environment has done little to deter the Canadians from touting their diamond industry and close work with the Indigenous ...