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De Beers Victor Mine
De Beers to Shut Victor Mine in 2019
De Beers will cease production at the Victor mine in Canada in the first quarter of 2019, the company said
News Nov 02, 2017 Rapaport News
Renard Stornoway Birks polished
Birks Shows Canada Pride with Renard Line
Canadian jewelry retailer Birks Group has partnered with rough producer Stornoway Diamond Corporation to sell stones
News May 14, 2017 Rapaport News
small ice road
Victor Mine Eliminates Oil Waste With Kidney Looping
De Beers Canada's Victor diamond mine completed its first year of cleansing equipment oil through the kidney
News Jan 20, 2014 Jeff Miller
Crossworks Manufacturing
Crossworks Secures Capital for Expansion
First West Capital will fund a multi-million dollar expansion deal for Canada-based diamond manufacturer Crossworks Manufacturing.
News May 03, 2012 Deena Taylor
Charm Diamond Centres to Offer Ontario Diamonds
Charm Diamond Centres in Nova Scotia received the right to carry diamonds mined, cut and polished in Ontario, Canada. The company's diamonds are
News Jun 29, 2010 Jeff Miller
Diamond News Broadcast
Zale's revenue dropped by single digits for third fiscal quarter and it continued to operate at a loss. U.S. chain-store sales this past week certainly
Video May 26, 2010 Rapaport News
De Beers Canada Spends $292M With Local Suppliers
De Beers Canada reported that it spent $292 million on goods and services for the Snap Lake and Victor mines in 2009. The company
News May 03, 2010 Avi Krawitz
Crossworks Schedules Polished Tender in Toronto
Crossworks Manufacturing Ltd. plans to hold its first polished diamond tender for stones that originated from the De Beers Canada Victor mine
News Apr 23, 2010 Jeff Miller
Diamond News Broadcast
  View the major U.S. retail sales predictions for Christmas season side-by-side in this broadcast. Remember though, even in a down economy, news is not all
Video Oct 14, 2009 Rapaport News
De Beers May Need More Loans
De Beers May Need More LoansChristopher LaFemina, an analyst at Barclays Capital, wrote a note concerning the drag that De Beers may exert on parent company
News May 01, 2009 Rapaport
SunDiamond to Open Ontario Diamond Cutting Facility
HRA-SunDiamond is setting up the first diamond cutting and polishing facility in Ontario, Canada, according to the province’s ministry of northern development and mines. The
News Apr 07, 2009 Avi Krawitz
Two Diamonds from the Victor Mine Adorn Legislative Mace
Two diamonds from De Beers Canada's Victor Mine were installed in the legislative mace, which was presented to parliament in Ontario. One of the diamonds is cut
News Mar 24, 2009 Jeff Miller
De Beers Posts Solid First Half Results
De Beers issued the following press release on its website ( ) on Wednesday, presenting its interim results for the half year to 30 June 2008. All
Press Release Jul 23, 2008 Press Release
De Beers Sales +10%, Net Earnings -10%, Production -4%
De Beers reported Wednesday that first half sales rose 10 percent to $3.7 billion, spurred by some rough price increases implemented by its sales unit,
News Jul 23, 2008 Avi Krawitz
DTC Prepares Sightholders for Opportunity with Canada Sight
The Diamond Trading Company (DTC) this week presented sightholders with an opportunity to receive goods from a separate Ontario, Canada sight once production from
News Jul 09, 2008 Avi Krawitz
Ontario Gov’t Chooses Local Firm to Value De Beers Canada Diamonds
The Ontario government has selected Diamonds International Canada (DICAN) Limited to assess the value of diamonds produced at De Beers Canada’s new Victor Mine.
News May 27, 2008 Avi Krawitz
De Beers Takes $965M Hit in Canada, Reports $521M Loss in '07
  De Beers net earnings fell into the red from a profit of $730 million in 2006 to a loss of  $521 million in 2007 in part  because the company 
News Feb 08, 2008 Jeff Miller, Avi Krawitz
As Underlying Earnings Rise, De Beers Shapes its Future
Underlying earnings increased 14 percent to $483 million (2006 $425 million) while EBITDA remained steady as effective cost management at the Group’s African mining
Press Release Feb 08, 2008 Press Release
Mining News
Gem Diamonds is doubling production at its Letseng mine in Lesotho. The mine is expected to be at full capacity by the end of the first quarter of 2008, according
News Dec 01, 2007 Rapaport
De Beers Moves Up Victor Production by 6 Mos.
De Beers Canada determined that production at its Victor mine could begin six months earlier than previously expected. The Victor mine, which
News Nov 16, 2007 Jeff Miller
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