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shear diamonds buys jericho

shear diamonds buys jericho

shear diamonds buys jericho
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Shear buys Nunavut's Jericho diamond mine | CBC News An Albertabased company has bought Nunavut's only diamond mine Shear Minerals is hoping the Jericho mine,

shear diamonds buys jericho

  • Shear buys Nunavut's Jericho diamond mine | CBC News

    An Albertabased company has bought Nunavut's only diamond mine Shear Minerals is hoping the Jericho mine, which was mothballed in 2008, can be returned to profitabilityTSX Venture Exchangelisted Shear Minerals has reached an agreement to buy the Jericho diamond mine and related facilities in Canada's Nunavut territory, asShear Minerals agrees to buy shuttered Jericho diamond mine“From KIA’s understanding, Shear Diamonds Corporation is in charge of the Jericho diamond mine We’ve seen no legal information to suggest there’sShear Diamonds seeks a buyer as Jericho mine languishes

  • Shear Minerals Ltd to Acquire Jericho Diamond Mine, Nunavut

    July 19, 2010 EDMONTON, Alberta Shear Minerals Ltd (“Shear”) (SRM:TSXV) is pleased to announce that it has entered into a Purchase and Sale Agreement (the “Agreement”) with Tahera Diamond Corp (“Tahera”) and Benachee Resources Inc (collectively the “Vendors”) to acquire a 100% interest in the Jericho Diamond Mine (“Jericho”) and processing facilities and allShear 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 next 10 months, Shear plans to focus on the processing of these stockpilesShear starts diamond processing at Nunavut's Jericho mineNUNAVUT Since buying the former Jericho diamond mine in the Kitimeot region in August 2010, Shear Diamonds of Toronto has been reexploring the property in the hopes of reopening the mine With a new geological interpretation and 3D model of the Jericho Kimberlite Complex, the company is moving closer toward its goalDIAMOND EXPLORATION: New model, more diamonds from Jericho

  • Shear Diamonds puts the brakes on production at Nunavut's

    Shear bought the mothballed Jericho property from the insolvent remains of the Tahera Diamond Corp in August 2010 The Jericho mine, which last operated from 2006 to 2008, was Nunavut’s first diamond mine From 2006 to 2008, the mine produced 780,000 carats of diamonds from 12 million tonnes of kimberlite mined from its open pit operationShear Diamonds Ltd, under CEO Pamela Strand, bought the insolvent Jericho Mine, located south of Kugluktuk near Contwoyto Lake, for $6 million in 2010 after it went into bankruptcy protection, hoping to extract diamonds from piles of unprocessed ore lying around the mothballed siteIn wake of Nunavut’s Jericho mine fiasco, terminatedCanadian junior Shear Diamonds Ltd (TSX VENTURE:SRM) announced today it’s begun processing diamonds from the stockpiles at its Jericho diamond mine in Nunavut, CanadaShear recovers 3,500 carats from Jericho diamond mine in

  • Owners of Nunavut's first diamond mine deserted site | CBC

    The owners of Nunavut's first and only diamond mine are nowhere to be found Shear Diamonds bought the Jericho mine site in 2010 after the previous owners wentJuly 19, 2010 EDMONTON, Alberta Shear Minerals Ltd (“Shear”) (SRM:TSXV) is pleased to announce that it has entered into a Purchase and Sale Agreement (the “Agreement”) with Tahera Diamond Corp (“Tahera”) and Benachee Resources Inc (collectively the “Vendors”) to acquire a 100% interest in the Jericho Diamond Mine (“Jericho”) and processing facilities and allShear Minerals Ltd to Acquire Jericho Diamond Mine, NunavutShear buys Nunavut's Jericho diamond mine CBC News Shear Minerals is hoping the Jericho mine, which was mothballed in 2008, can be returned to profitability The mine, located 420 kilometres northeast of Yellowknife and linked to the city by a Shear Diamonds seeks a buyer as Jericho mineshear diamonds buys jericho ecoinstalventpl

  • Shear Recovers 3,500 Carats From Jericho's

    Shear Diamonds Ltd, owner of the Jericho diamond mine in Nunavut, Canada, began processing its highgrade concentrate stockpiles A total of approximately 3,500 carats have been recovered from 358 tonnes after the first 10 days of processingShear bought the mothballed Jericho property from the insolvent remains of the Tahera Diamond Corp in August 2010 The Jericho mine, which last operated from 2006 to 2008, was Nunavut’s first diamond mine From 2006 to 2008, the mine produced 780,000 carats of diamonds from 12 million tonnes of kimberlite mined from its open pit operationShear Diamonds puts the brakes on production at Nunavut'sNUNAVUT Since buying the former Jericho diamond mine in the Kitimeot region in August 2010, Shear Diamonds of Toronto has been reexploring the property in the hopes of reopening the mine With a new geological interpretation and 3D model of the Jericho Kimberlite Complex, the company is moving closer toward its goalDIAMOND EXPLORATION: New model, more diamonds from Jericho

  • Shear recovers 3,500 carats from Jericho diamond mine in

    Canadian junior Shear Diamonds Ltd (TSX VENTURE:SRM) announced today it’s begun processing diamonds from the stockpiles at its Jericho diamond mine in Nunavut, CanadaNUNAVUT Edmontonbased Shear Diamonds, that his hoping to reopen the Jericho diamond mine, has signed a mutual cooperation agreement with Nunavut Resources CorpThe NRC is an Inuitowned corporation dedicated to achieving participation and ownership in the territory's major resource developmentsCSR: Shear Diamonds signs accord with Nunavut ResourcesShear 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 industryShear Diamonds engages DRA Americas to evaluate Jericho

  • Owners of Nunavut's first diamond mine deserted site | CBC

    The owners of Nunavut's first and only diamond mine are nowhere to be found Shear Diamonds bought the Jericho mine site in 2010 after the previous owners wentShear Diamonds Ltd (TSX VENTURE:SRM) today announced the commencement of its spring drilling program at its 100% owned Jericho Diamond Project, Nunavut The first drill hole within the JerichoShear commences drilling at Jericho diamond project inEdmontonbased Shear Diamonds Ltd has signed a mutual cooperation agreement with Nunavut Resources Corp for development of the Jericho Diamond Mine in Nunavut, northern CanadaShear Diamonds signs agreement with Nunavut Resources

  • DIAMOND EXPLORATION: Shear takes Jericho step closer to

    NORTHWEST TERRITORIES Shear Diamonds of Toronto is beginning performance tests in the diamond recovery plant at the closed Jericho diamond mine in anticipation of reopening it Running stockpiled material through the mill will give the company a better understanding of how the plant works and what modifications might be necessaryThe owners of Nunavut's first and only diamond mine are nowhere to be found Shear Diamonds bought the Jericho mine site in 2010 after the previous owners wentOwners of Nunavut's first diamond mine deserted site | CBCCanadian junior Shear Diamonds Ltd (TSX VENTURE:SRM) announced today it’s begun processing diamonds from the stockpiles at its Jericho diamond mine in Nunavut, CanadaShear recovers 3,500 carats from Jericho diamond mine in

  • The Dormant Gem: The Story of the Jericho Diamond Mine

    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 JerichoShear Diamonds (TSX VENTURE:SRM), the company that bought Canada’s Jericho mine site in 2010 after the previous owners went bankrupt, haveOwners of Nunavut's first and only diamond mine nowhere toShear Diamonds Ltd announces that it has suspended production of its high grade stockpiles at the 100% owned Jericho diamond mine as a result of continuing weak world diamondShear Suspends Stockpile Production Due to Low Diamond

  • Nunavut diamond mine's potential being reviewed | CBC News

    Shear Minerals Ltd says it hopes to know by 2012 if and when its newly acquired Jericho diamond mine in western Nunavut can reopen The Edmontonbased mining company acquired the mothballed mineShear anticipates normal production will resume in about three weeks and it intends to deliver another parcel of rough diamonds to Taché at that time Taché had advanced $850,000 to Shear for this third shipment of rough goods on August 13 In addition, Shear has drawn an additional $650,000 from its revolving line of credit with Taché in July Shear Delivers Third Parcel of Rough to TachéShear Diamonds Ltd appointed Gregory Rieveley to its board of directors Rieveley is a finance executive with 12 years of experience in the mining, diamond marketing and retail industries and is currently the chief financial officer of Noront Resources Ltd Previously, Rieveley held the Rieveley Joins Shear Diamonds' Board