Shear Diamonds Buys Jericho
A flicker of hope for Nunavut's mothballed diamond mine
(Updated July 20) Nunavut's mothballed Jericho diamond mine has a new owner. Edmonton-based Shear Minerals announced July 19 it is buying the mine, located around 400 kilometres southwest of Cambridge Bay, for about $3.6 million worth of Shear stock and $2 million in …
Jericho Diamond Mine Project and Board's …
issued the following recommendation to assist Shear Diamonds (Nunavut) Corporation (Shear or the Proponent) in achieving compliance with the Jericho Project Certificate. These recommendations ensure that the NIRB has all the information necessary to adequately discharge its mandate with respect to provisions within Section 12.7 of the Nunavut ...
Shear buys Nunavut's Jericho diamond mine | IsumaTV
Shear buys Nunavut's Jericho diamond mine An Alberta-based company has bought Jericho, Nunavut's only diamond mine. About. Uploaded by: IsumaTV. 21 July 2010. 534 views. More from this channel: CBC North. RCMP investigate suspicious death in …
Jericho Diamond Mine Site Stabilization Plan
Jericho Diamond Mine Site Stabilization Plan - Community Consultation Summary - Page 1 of 2 A4) It is possible but they would need to be re- ... control of Shear Diamonds . 2012 - Shear Diamonds initiated limited diamond recovery . 2013 - Shear Diamonds abandoned the Mine - Care & Maintenance (INAC) 12 . 5. Site History & Project Plan
Nunavut diamond mine in care of federal clean-up program
Nunavut's abandoned Jericho diamond mine is now in the care of the federal government's Contaminated Sites Program. ... Shear Diamonds should have posted a security bond of $3.4 million — money ...
Shear Diamonds reports "good or better" recovery of …
When Shear bought Jericho, it acquired a recovery plant, maintenance facility, fuel farm, offices, accommodation for 225 staff, an open pit and an estimated three million carats of …
In wake of Nunavut's Jericho mine fiasco, terminated …
Shear 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 …
Jericho mine water licence approved | CBC News
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 announces engagement of DR Americas to evaluate Jericho
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 ...
Jericho owner strikes deal with Belgian diamond firm
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...
Shear Updates Financial and Operational Status; Continues …
TORONTO, ONTARIO--(Marketwire - Oct. 22, 2012) - Shear Diamonds Ltd. (TSX VENTURE:SRM) ("Shear") is updating its financial and operational status.On September 4, 2012 Shear announced that it had suspended production of its high grade stockpiles at its owned Jericho diamond mine as a result of continuing weak world diamond prices.
Nunavut diamond mine's potential being reviewed | CBC …
Shear Minerals Ltd. says it hopes to know by 2012 if and when its newly acquired Jericho diamond mine in Nunavut can reopen. CBC News · Posted: Sep 21, 2010 5:22 PM EDT | Last Updated: September ...
DIAMOND RESOURCES: New numbers for Jericho mine
Shear Diamonds Ltd NUNAVUT - Shear Minerals of Edmonton, AB, has offered a new resource estimate for the former Jericho diamond mine. The total inferred resource is …
Jericho diamond mine site still in limbo | CBC News
The old Jericho diamond mine continues to languish, according to Nunavut regulators, and there's no indication that anything will be done with the site, any time soon. ... Shear Diamonds announced ...
Jericho Diamond Mine Project
• August 2010 –Shear Diamonds (Nunavut) Corp purchased Jericho • August 2011 - NIRB transferred Project Certificate 002 to Shear • October 2012 –Site placed in temporary closure by Shear • January 2014 –AANDC declared site abandoned and assumed control of site • September 2016 –NIR screened INA 's "Jericho Mine Site ...
Northern diamonds in the rough
Hopes were high for the Jericho mine when it started cranking out carats five years ago in Nunavut, 420 km northeast of Yellowknife. But operational setbacks, the strong loonie, skyrocketing oil ...
Judge doesn't give federal government a pass on further Jericho diamond …
A Nunavut judge has made a key ruling in a case where the Kitikmeot Inuit Association has been seeking for many years to have Dyno Nunavut Incorporated remove the ...
Owners of Nunavut's first diamond mine deserted site
Shear Diamonds bought the Jericho mine site in 2010 after the previous owners went bankrupt. The company hoped to re-open the mine, but ended up putting the site under what it called "temporary ...
210923-00MN059-2021 Site Update Report-OMAE
2021 Site Update Report 1 Jericho Diamond Mine Project Report Title: The 2021 Site Update Report for the Nunavut Impact ... (Shear) purchased the Jericho Diamond Mine in August 2010 and on August 23, 2011 the NIRB issued Amendment #2 to the Project Certificate No. 002 in the name of Shear Diamonds (Nunavut) Corp. Nunavut Impact Review Board ...
Shear Diamond Barber Shop
Shear Diamond Barber Shop. 310 likes · 37 talking about this. Barber Shop Capalaba Central Shopping Centre Open Now!
Shear Diamonds Ltd Mining News
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 …
About Shear Diamonds Ltd (SRMh)
It primarily focuses on the owned Jericho diamond mine and surrounding exploration assets located in the Kitikmeot region of Nunavut. The company was formerly known as Shear Minerals Ltd. and changed its name to Shear Diamonds Ltd. in December 2010. Shear Diamonds Ltd. is based in Toronto, Canada.
Judge doesn't give federal government a pass on further Jericho diamond …
An aerial view of Jericho diamond mine. Well over a decade after the mine was shut down, court battles are still taking place over who's responsible for cleanup at the site. ... However, Shear Diamonds, which took responsibility for the mine for a short period in 2010, is no longer a viable business and therefore cannot be held accountable ...
DIAMOND EXPLORATION: Shear takes Jericho step closer …
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 necessary.
VanEck Vectors Global Alternative Energy ETF
Announces Closing of $13.1 Million Private Placement Offering and Purchase of Jericho Diamond Mine by 24hgold 24hgold * * * Subscribe Log in. Gold & Silver Prices. FORUM. Gold and silver; Political, Dollar, USA ... SHEAR RECOVERS 5.43 CARAT DIAMOND FROM CHURCHILL'S KAHUNA KI... 10/11/2007 (Churchill West) DISCOVERS 31 NEW KIMBERLITES AT …
PERSPECTIVE: Where there's new life possible for old mines
Shear Minerals of Edmonton has offered to buy the former Jericho diamond mine developed by Tahera Diamond Corp. Jericho was Nunavut's first diamond mine in early 2006, …
Owners of Nunavut's first and only diamond mine nowhere …
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 …
DIAMOND DEVELOPMENT: Shear updates Jericho operation
NUNAVUT – Shear Diamonds of Toronto delivered the first parcel of diamonds from its Jericho diamond project to its marketing partner, Tache Company NV, on May 29, 2012. The parcel contained 11,317.98 ct. Tache has made an interim payment of US$500,000 to Shear in expectation that the total value of the parcel will be more than that.
Future of Nunavut-based Jericho Diamond Mine Still …
Nunatsiaq Online reported that though the Nunavut-based Jericho diamond mine remains in legal limbo, the Nunavut Impact Review Board continues to request that Shear Diamonds Corp., its legal owner ...