Shear Diamonds, which owns the Jericho mine, is being told by Nunavut regulators to get its paperwork together. The company bought the defunct mine south of Cambridge Bay in 2010 but has since ...
Shear Diamonds Ltd. (TSX VENTURE:SRM) is pleased to announce that further to our press release dated December 22, 2011, the final approval for an eight year Type A water license has been received ...
NUNAVUT - Since buying the former Jericho diamond mine in the Kitimeot region in August 2010, Shear Diamonds of Toronto has been re-exploring the property in the hopes of reopening the mine. With a new geological interpretation and 3-D model of the …
Shear Diamonds Ltd. says it's begun processing diamonds from the stockpiles at its Jericho diamond mine in Nunavut. About 3,500 carats have been recovered from 358 tonnes after the first 10 full days of processing, the company reported May 1. For the …
The owner of what was once Nunavut's first and only diamond mine, Shear Diamonds Ltd., on Dec. 8 struck a deal with a Belgian diamond dealer that will give Shear the cash it needs to recover and sell diamonds from the mothballed site's existing stockpiles. The …
Shear Diamonds bought the mine in July 2010. ... "Full commercial production, which means actual blasting within the Jericho kimberlite probably won't be for another 18 to 24 months, depending ...
"It is incredibly gratifying for the entire Shear team to see the first recovered diamonds from Jericho since its shutdown in early 2008," said Shear Diamonds' chief executive, Julie Lassonde.
Shear Diamonds took over the Jericho project a few years ago, hoping to re-open the mine. But money problems interfered and Shear quickly packed up and closed the site more than a year ago.
Shear Diamonds is suspending production at its Jericho Diamond mine in Nunavut for now. The company says world diamond market prices have dropped so sharply that it can no longer break even.
The explosives plant and equipment are located on the Inuit-owned portion of the parcel. Tahera filed for bankruptcy in 2008 and mothballed Jericho. Shear Diamonds bought the mine in 2010, and later abandoned it in 2013 when the company folded.. The federal …
NUNAVUT - Shear Minerals of Edmonton, AB, has offered a new resource estimate for the former Jericho diamond mine. The total inferred resource is 1.72 million tonnes containing 1.13 million ct, and the indicated resource is 1.77 million tonnes containing 1.88 million ct. ... Shear intends to purchase the Jericho property developed by now ...
Shear Announces Final Water License Approval by Minister for Jericho Diamond Mine
Shear Diamonds hopes to reopen Nunavut's first diamond mine by June 2013 CBC News · Posted: Feb 18, 2012 6:25 PM EST | Last Updated: February 19, 2012 Social Sharing
Shear buys Nunavut's Jericho diamond mine An Alberta-based company has bought Jericho, Nunavut's only diamond mine. CBC News · Posted: Jul 21, 2010 8:22 PM EDT | Last Updated: July 22, 2010
NUNAVUT – Toronto-based Shear Diamonds has begun processing high grade concentrate stockpiles at its Jericho diamond mine and reports the recovery of 3,500 ct from 358 tonnes of material in the first 10 days of processing.. Shear says it has worked …
A bold plan to revive Nunavut's Jericho diamond mine, which last operated from 2006 to 2008, has stalled just months after production restarted at the ... Shear Diamonds Ltd. said Sept. 4 that it has suspended looking for diamonds in its high-grade stockpiles "as a result of continuing weak world diamond prices," which have dropped from ...
Shear Diamonds has engaged the services of DRA Americas to evaluate the existing diamond recovery plant at the Jericho diamond project, Nunavut. DRA is a world leader in the design and engineering of mineral process solutions with experience specific to Canada's Northern diamond industry. ... Shear holds a interest in its recently ...
Shear Diamonds Ltd. reports it's successfully started 24-hour operations since June 15 at its Jericho mine, which Shear bought from insolvent remains of the Tahera Diamond Corp. in August 2010. And since starting round-the-clock operations, Shear's average production rate has been in excess of 80 tonnes per day.
Shear Diamonds Ltd. (TSX VENTURE:SRM) is pleased to announce that it has engaged the services of DRA Americas ("DRA") to evaluate the existing diamond recovery plant at the Jericho Diamond ...
Shear Diamonds Ltd. (SRM.V) today provided a processing and operations update on its Jericho diamond mine. May 29, 2012 Shear delivered its first.
News Jul 13, 2011 – 7:16 pm EDT. Shear moves ahead to de-mothball Jericho. Plans include plant tests and draining water from the pit
Real-time Price Updates for Shear Diamonds Ltd (SRMUF), along with buy or sell indicators, analysis, charts, historical performance, news and more
Shear holds a interest in its 2010 acquired Jericho Diamond Mine and surrounding exploration assets, located in the Kitikmeot region of Nunavut. Securities: Symbol: Security Name: Market: ... *Shear Diamonds Ltd. 30/Dec/2010: 10/May/2017 *Shear Minerals …
Shear Announces Positive Water License NWB Decision for Jericho Diamond Mine
Shear holds a interest in its 2010 acquired Jericho Diamond Mine and surrounding exploration assets, located in the Kitikmeot region of Nunavut. Securities: Symbol: Security Name: Market: ... *Shear Diamonds Ltd. 30/Dec/2010: 10/May/2017 *Shear Minerals Ltd. 22/Dec/1995: 29/Dec/2010: Company Facts Reconciliation: Subject: Date Returned ...
Announces Closing of $13.1 Million Private Placement Offering and Purchase of Jericho Diamond Mine by 24hgold 24hgold * * * English French. Subscribe Log in. Gold & Silver Prices in . FORUM. Gold and silver ... Corporate Presentations of Shear Diamonds Ltd: …
Shear Diamonds (TSX VENTURE:SRM), the company that bought Canada's Jericho mine site in 2010 after the previous owners went bankrupt, have vanished off the face of the earth.
Shear Diamonds Ltd. announced Feb. 16 that the minister of Aboriginal Affairs and Northern Development had approved an eight-year water license for Nunavut's Jericho diamond mine. "The Jericho mine's previous water license was for six years, and it is Shear's understanding that the granting of this eight-year water license is the ...
Shear Diamonds disappeared last fall, after unexpectedly closing up the Jericho site. ... left, and Tahera Diamond CEO Peter Gillin, in front of the mining pit before the official opening of the ...
Tahera opened the Jericho mine in 2006, after an agreement for a diamond marketing alliance was signed with Tiffany & Co. In 2007 the company reported financial losses and in 2008, the company filed an application for protection from creditors, and suspended its mining operations. On July 19, 2010 Shear Diamonds acquired Jericho from Tahera.
The mothballed Jericho diamond mine is now deemed "closed or abandoned, temporarily or permanently," the department of Aboriginal Affairs and Northern Development declared Jan. ... Shear Diamonds, which bought the insolvent property in 2010, produced diamonds at the site for only four months in 2012 before disappearing into a financial ...
In the meantime, Shear plans to continue looking for diamonds in the reject pile at Jericho. Jericho, which operated from 2006 to 2008, was Nunavut's first diamond mine. It is located 360 ...
Shear Diamonds Ltd. announced this week that it had recovered its first 200 carats of diamonds from the Jericho diamond mine. The diamonds, recovered from tailings discarded when the mine was in operation from 2006 to 2008, included 14 stones greater than .5 carats, with the largest stone nearly two carats in size.
NUNAVUT - Since buying the former Jericho diamond mine in the Kitimeot region in August 2010, Shear Diamonds of Toronto has been re-exploring the property in the hopes of reopening the mine. With a new geological interpretation and 3-D model of the Jericho Kimberlite Complex, the company is moving closer toward its goal.
"Shear's ongoing review of historical datasets has confirmed compelling evidence of undiscovered kimberlites in certain areas outside the immediate mine area…" Pamela Strand, Shear's president, said in a press release issued July 6. Shear Diamonds bought the assets of the mothballed Jericho diamond mine in 2010.
Shear Diamonds (SRM-V) suspended production from stockpiles at its Jericho diamond mine, in Nunavut, in early September. The company, led by president and CEO Julie Lassonde, had been hoping to… News May 1, 2012