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Canadian Diamond Play Cafi
An SI Board Since July 2002
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16005 155 0
Emcee:  MadDogMike Type:  Moderated
In the ten years since the Lac de Gras discovery, Canada has yielded some very high grade diamond deposits. Five of the highest value per tonne deposits in the world are now in Canada, including the three richest in the world. By revenue, Canada is rapidly climbing the world diamond production ranking. From zero production in 1998, Canada has now overtaken Australia and become the world’s sixth largest diamond producer by revenue, accounting for about 6 % of world diamond production by revenue.It is estimated that Canada will be producing approximately 15 million carats per year by 2007, which will be almost 12% of world carat production. Canada’s projected diamond production looks even better by revenue. Based on three mines in Canada, revenue production will peak at about 19% of world diamond production by 2008. With commencement of full production at Diavik in 2003, Canada will be jockeying for third position with South Africa. There are more commercial diamond deposits yet to be confirmed throughout Canada. Canada’s statistics are impressive, but potential exists for these numbers to grow even further. There are other prospective diamond exploration regions in Canada. A few projects have emerged from the first decade or more of diamond exploration in Canada. These projects do not yet host advanced exploration or development stage projects. If all of them were developed, these discoveries could allow Canada to overtake Russia in second place of world revenue production rankings.
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As of this month, Feb 2005, the diamond sector has shown signs of coming out of coma. Moving forward, there are signs the resource sector will continue to show high increase in market caps, specifically in diamond stocks. 2005/2006 can generate major interest in the resource sector.

As of October 2019, the sector is still in a coma.
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ReplyMessage PreviewFromRecsPosted
16005Millenials have declared they don't care about mined diamonds (50% of the porusset-November 28
16004De Beers defends Snap Lake mine closure and reclamation plan cbc.caNatedog1November 27
16003Adia Resources November presentaiton: adiaresources.comteevee-November 26
16002Will wrote a piece on MTX on Stockwatch.Michael Mc Donough-November 26
16001Altius Subsidiary Adia Resources Reports Drill Program Results for Lynx Diamondsteevee-November 26
16000CCMEG is Nov 18-19. I note that Jeff Morgan from Adia Resources is presenting. Iteevee-November 8
15999Wow, Lucara and MPVD both flaming out. Diamond market pretty much toast??MrBigger1November 5
15998Splatt. Added MTX on volatility. Blind faith. Don't even know what I am buyiNatedog1October 17
15997kimberlites are known to host high-value, rare, Type IIa diamonds, as well as lRocket Red1October 10
15996 Red-October 10
15995They used a picture from 2015? The could at least have shown something updated.Michael Mc Donough-October 10
15994It's all statistics. They need to confirm the distribution curve with volumeNatedog-October 10
15993Rio Tinto completes Star-Orion South bulk sample Canadian Mining Journal staff |Rocket Red1October 9
15992Great post. And teevee added these comments which I believe 100% on this zero cMichael Mc Donough-October 9
15991juniors don't move unless there is a leak or news today Canadian BanksterRocket Red1October 9
15990Stuck in the $.20 level forever. They are going to need some big stones to breaMichael Mc Donough-October 9
1598980 mm chips so could see some large rocks from this sample not monster onesRocket Red-October 9
15988Trench cutter to 250 meters. So cool.Natedog-October 9
15987Star Diamond optionee drills 10 sample holes at Star 2019-10-08 07:38 ET - NewsRocket Red-October 8
15986Lithoquest has 3 legitimate targets to drill off -- They also haMadDogMike1September 23
15985Haaaaaaaaa Funny... Well the one's I got at 0.02 are doing ok. :) Maybe itNatedog-September 21
15984Probably Warren Irwin buying after getting promoted by Fipke......teevee1September 19
15983whats up with MTX? Is that Natedog taking up his annual position, or is somethinTreKewl1September 19
15982The bottom in the diamond sector is zero Arctic Star Exploration (ADD-V) tradinteevee-September 17
15981Been bankrupt for a very long time. Too bad they convinced some employees to puMadDogMike-September 9
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