Diavik

Refined Metals Corp. Announces Change to Executive Management

Retrieved on: 
Thursday, February 8, 2024

In conjunction, Mr. Aman Parmar has stepped down as Interim Chief Executive Officer and remains a director of the Company.

Key Points: 
  • In conjunction, Mr. Aman Parmar has stepped down as Interim Chief Executive Officer and remains a director of the Company.
  • Mr. Fields has broad experience in overseeing mineral properties from exploration to production.
  • “On behalf of the Board of Directors, I would like to thank Aman for his service as the interim Chief Executive Officer of the Company,” said Mr. Fields.
  • As Chief Executive Officer of the Company, I am looking forward to growing the business of the Company in a manner that enhances our shareholders’ investment and grows shareholder value.”

Rio Tinto to build the largest solar power plant in Canada’s North

Retrieved on: 
Thursday, August 10, 2023

Rio Tinto’s Diavik Diamond Mine will build the largest solar power plant across Canada’s territories, featuring over 6,600 solar panels that will generate approximately 4,200 megawatt-hours of carbon-free electricity annually for the mine.

Key Points: 
  • Rio Tinto’s Diavik Diamond Mine will build the largest solar power plant across Canada’s territories, featuring over 6,600 solar panels that will generate approximately 4,200 megawatt-hours of carbon-free electricity annually for the mine.
  • Government of the Northwest Territories Finance Minister Caroline Wawzonek said: “The Diavik solar power plant is a welcome sign of Rio Tinto’s commitment to renewable energy and reducing emissions.
  • Construction will start in coming weeks and the solar power plant will be fully operational in the first half of 2024.
  • The Diavik Solar Power Plant is the first project to be funded by the Large Emitter Greenhouse Gas Reducing Investment Grant Program.

Rio Tinto releases second quarter production results

Retrieved on: 
Tuesday, July 18, 2023

Pilbara operations produced 81.3 million tonnes (100% basis) in the second quarter, 3% higher than the second quarter of 2022 as Gudai-Darri achieved sustained nameplate capacity during the period.

Key Points: 
  • Pilbara operations produced 81.3 million tonnes (100% basis) in the second quarter, 3% higher than the second quarter of 2022 as Gudai-Darri achieved sustained nameplate capacity during the period.
  • Aluminium production of 0.8 million tonnes was 11% higher than the second quarter of 2022 as we benefited from the continued ramp-up of the Kitimat smelter.
  • Mined copper production of 145 thousand tonnes (on a consolidated basis), was 1% lower than the second quarter of 2022.
  • In the second quarter, we commenced deployment of the Safe Production System at a further two sites, taking the total to 20 sites.

Canadian Mining Companies Recognized for Excellence in Sustainable Mining

Retrieved on: 
Tuesday, May 2, 2023

Mining companies recognized by the TSM Excellence Awards represent the best of the best when it comes to exemplary responsible practices and strong commitments to ESG," said Pierre Gratton, MAC's President and CEO.

Key Points: 
  • Mining companies recognized by the TSM Excellence Awards represent the best of the best when it comes to exemplary responsible practices and strong commitments to ESG," said Pierre Gratton, MAC's President and CEO.
  • Established in 2014, the TSM Excellence Awards include the TSM Environmental Excellence Award and the TSM Community Engagement Excellence Award.
  • Several years ago, employees at Diavik recognized an opportunity to repurpose copper wire from predominantly completed underground mining levels.
  • Companies who achieve ISO 50001 are widely recognized as being top performers in sustainable operations.

Custom Lab Grown Diamonds Add a New Dimension to the Industry

Retrieved on: 
Thursday, January 19, 2023

NEW YORK, Jan. 19, 2023 /PRNewswire/ -- The global demand for diamonds is on the rise. To illustrate, high demand for diamond jewelry from emerging markets such as China, India, Brazil, and Thailand is driving the global diamond mining market. In addition, and perhaps unexpectedly, rising demand for diamonds for use in industrial applications has also boosted the global market. Diamonds that are not of commercial quality are used in industrial applications, such as grinding wheels for drilling, cutting, polishing applications, electronic chips, and laser components. In recent years, a new way to obtain diamonds has emerged. Lab grown diamonds, which are made in laboratories and factories and are identical to natural diamonds in their composition and appearance. Adamas One Corp. (NASDAQ: JEWL), Signet Jewelers Limited (NYSE: SIG), Rio Tinto Group (NYSE: RIO), Anglo American plc (OTC: NGLOY), Movado Group, Inc. (NYSE: MOV)

Key Points: 
  • In addition, and perhaps unexpectedly, rising demand for diamonds for use in industrial applications has also boosted the global market.
  • Lab grown diamonds, which are made in laboratories and factories and are identical to natural diamonds in their composition and appearance.
  • Increase in adoption of lab grown diamonds in the fashion and jewelry sector, along with increasing application of these diamonds in the industrial sector have spurred the demand for lab grown diamonds across myriad of industry verticals.
  • Exclusively for women, the elegant new Aria, in white ceramic and stainless steel illuminated by diamonds, redefines sport-chic with brilliant simplicity.

Custom Lab Grown Diamonds Add a New Dimension to the Industry

Retrieved on: 
Thursday, January 19, 2023

NEW YORK, Jan. 19, 2023 /PRNewswire/ -- The global demand for diamonds is on the rise. To illustrate, high demand for diamond jewelry from emerging markets such as China, India, Brazil, and Thailand is driving the global diamond mining market. In addition, and perhaps unexpectedly, rising demand for diamonds for use in industrial applications has also boosted the global market. Diamonds that are not of commercial quality are used in industrial applications, such as grinding wheels for drilling, cutting, polishing applications, electronic chips, and laser components. In recent years, a new way to obtain diamonds has emerged. Lab grown diamonds, which are made in laboratories and factories and are identical to natural diamonds in their composition and appearance. Adamas One Corp. (NASDAQ: JEWL), Signet Jewelers Limited (NYSE: SIG), Rio Tinto Group (NYSE: RIO), Anglo American plc (OTC: NGLOY), Movado Group, Inc. (NYSE: MOV)

Key Points: 
  • In addition, and perhaps unexpectedly, rising demand for diamonds for use in industrial applications has also boosted the global market.
  • Lab grown diamonds, which are made in laboratories and factories and are identical to natural diamonds in their composition and appearance.
  • Increase in adoption of lab grown diamonds in the fashion and jewelry sector, along with increasing application of these diamonds in the industrial sector have spurred the demand for lab grown diamonds across myriad of industry verticals.
  • Exclusively for women, the elegant new Aria, in white ceramic and stainless steel illuminated by diamonds, redefines sport-chic with brilliant simplicity.

Chemesis enters into Property Option Agreement for Mineral Property and Announces Board Change

Retrieved on: 
Tuesday, April 19, 2022

Following the acquisition of the Property, the Company will grant the Vendor a net smelter returns royalty totaling three percent (3%) on commercial production from the Property.

Key Points: 
  • Following the acquisition of the Property, the Company will grant the Vendor a net smelter returns royalty totaling three percent (3%) on commercial production from the Property.
  • This transactions set out in the Option Agreement will qualify as a Change of Business (COB) as defined by the Policy 8 of the Canadian Securities Exchange (the CSE), and are subject to review by the CSE.
  • The Company further announces the resignation of Mr. Brian Thurston from its board of directors and the appointment of Mr. Mark Fields to its board of directors, each with immediate effect.
  • Forward-looking statements in this news release include the statements that list out the terms of Option Agreement and related COB.

Rio Tinto’s historic 2021 Argyle Pink Diamonds™ Tender delivers record breaking results

Retrieved on: 
Wednesday, October 27, 2021

Rio Tintos 2021 Argyle Pink Diamonds Tender collection of 70 rare pink and red diamonds from its Argyle mine in Australia has delivered the most significant set of record breaking results in its 38-year history.

Key Points: 
  • Rio Tintos 2021 Argyle Pink Diamonds Tender collection of 70 rare pink and red diamonds from its Argyle mine in Australia has delivered the most significant set of record breaking results in its 38-year history.
  • The 2021 Argyle Pink Diamonds Tender delivered record breaking price performance across individual diamonds and for the overall collection.
  • Lot Number 1, Argyle Eclipse, a 3.47 carat, radiant shaped Fancy Intense Pink diamond was won by famed Australian jeweller and Argyle Pink Diamonds Select Atelier, Calleija.
  • The other three hero diamonds from the 2021 Argyle Pink Diamonds collection were won by long standing bidders, with Lot Number 2, Argyle Stella and Lot Number 4, Argyle Solaris going to Singapore and Lot Number 3, Argyle Lumiere to the US.

Rio Tinto’s final rare Argyle™ blue diamonds sold in a record breaking global bid

Retrieved on: 
Wednesday, October 27, 2021

Rio Tintos entire 2021 Once in a Blue Moon Tender collection of 41 lots of carefully curated Argyle blue and violet diamonds, has been won by a single bidder, the Hong Kong fancy coloured diamond specialist, Kunming Diamonds.

Key Points: 
  • Rio Tintos entire 2021 Once in a Blue Moon Tender collection of 41 lots of carefully curated Argyle blue and violet diamonds, has been won by a single bidder, the Hong Kong fancy coloured diamond specialist, Kunming Diamonds.
  • Kunming Diamonds history making global bid for the 24.88 carats of final beyond rare blue jewels from the East Kimberley region of Western Australia is a significant moment in the history of the Argyle mine and the coloured diamond industry.
  • Over the past decade Kunming Diamonds has worked closely with Argyle, becoming an Authorised Partner for Argyle Pink Diamonds and growing its global expertise in certified fancy coloured diamonds.
  • Almost the entire worlds supply of rare pink, red, blue and violet diamonds come from Rio Tintos Argyle Diamond Mine which ceased production on 3 November, 2020.

Statement from Dominion Diamond Mines on Confirmed Case of Covid-19 at Ekati Mine

Retrieved on: 
Saturday, December 26, 2020

Upon notification of the case, the Company enacted the mines detailed Trigger Action Response Plan, including completion of contact tracing.

Key Points: 
  • Upon notification of the case, the Company enacted the mines detailed Trigger Action Response Plan, including completion of contact tracing.
  • Dominion Diamond Mines is working closely with the Chief Public Health Officer of the Northwest Territories and is closely monitoring the situation.
  • Dominion Diamond Mines ULC is a Canadian mining company and one of the worlds largest producers and suppliers of premium rough diamond assortments to the global market.
  • The Ekati and Diavik Diamond Mines, and the Lac de Gras Diamond Project are located in the Northwest Territories of Canada.