Shear Diamonds Buys Jericho

An Alberta-based company has bought Nunavut's only diamond mine. Shear Minerals is hoping the Jericho mine, which was mothballed in 2008, can be returned to profitability.

The lone director of Shear Diamonds is trying to find the money to re-start the Jericho mine, but there’s confusion about who’s in charge of the site that was closed in late 2012.

Shear Diamonds Buys Jericho nnguniclub. Shear buys Nunavut's Jericho diamond mine | CBC News. An Alberta-based company has bought Nunavut's only diamond mine. Shear Minerals is hoping the Jericho mine, which was mothballed in 2008, can be returned to profitability.

TSX Venture Exchange-listed Shear Minerals has reached an agreement to buy the Jericho diamond mine and related facilities in Canada's Nunavut territory, as well as some other exploration assets ...

Shear Diamonds Ltd. acquired 34 newly staked claims totaling 77,250 acres contiguous with the "Carat Property" surrounding its Jericho diamond mine. This new land package provides Shear Diamonds with blanket mineral rights covering existing and newly interpreted priority indicator dispersion trains.

Shear Diamonds Ltd. (TSXV:SRM) announced approval for an eight year Type A water license has been received for the Jericho diamond mine.

Shear Diamonds suspended the production of its stockpiles at the Jericho diamond mine, citing weak rough diamond prices. Until prices improve, Shear Diamonds stated that it would instead examine assets proximal to the Jericho site, such as its Carat and Muskox properties, ...

An Alberta-based company has bought Nunavut's only diamond mine. Shear Minerals is hoping the Jericho mine, which was mothballed in 2008, can be returned to profitability.

The lone director of Shear Diamonds is trying to find the money to re-start the Jericho mine, but there’s confusion about who’s in charge of the site that was closed in late 2012.

Shear Diamonds Ltd. acquired 34 newly staked claims totaling 77,250 acres contiguous with the

TSX Venture Exchange-listed Shear Minerals has reached an agreement to buy the Jericho diamond mine and related facilities in Canada's Nunavut territory, as well as some other exploration assets ...

Shear Diamonds Ltd. (TSXV:SRM) announced approval for an eight year Type A water license has been received for the Jericho diamond mine.

TSX Venture Exchange-listed Shear Diamonds has approved an initial $4,6-million budget for the first phase of work at its Jericho diamond project, with drilling to begin in early April. The ...

Shear Diamonds suspended the production of its stockpiles at the Jericho diamond mine, citing weak rough diamond prices. Until prices improve, Shear Diamonds stated that it would instead examine assets proximal to the Jericho site, such as its Carat and Muskox properties, ...

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 $232 per carat in September 2011 to $218 this September.

Shear Diamonds (SRM-V) has earned a final approval on a water licence renewal for its Jericho diamond project in Nunavut.

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.

Shear Diamonds Ltd. (TSXV:SRM) announced approval for an eight year Type A water license has been received for the Jericho diamond mine.

"The renewal of the Jericho Diamond mine water licence is a key component to Shear's evolution into the re-start of the Jericho diamond mine." The positive licence decision is provided in conjunction with terms and conditions, which Shear will be working cooperatively with all stakeholders to fulfil.

Shear Diamonds suspended the production of its stockpiles at the Jericho diamond mine, citing weak rough diamond prices. Until prices improve, Shear Diamonds stated that it would instead examine assets proximal to the Jericho site, such as its Carat and Muskox properties, ...

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 all ...

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.

TSX Venture Exchange-listed Shear Diamonds has approved an initial $4,6-million budget for the first phase of work at its Jericho diamond project, with drilling to begin in early April. 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 $232 per carat in September 2011 to $218 this September.

Shear Diamonds (SRM-V) has earned a final approval on a water licence renewal for its Jericho diamond project in Nunavut.

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.

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.