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The Quiet Summer of 2011, and Honest Work

Posted by David

Hello readers,

Sorry I have not been updating much this year. I am currently finishing my PhD and working on an exploration project for a junior company. This does not leave much time for blogging on Canadian juniors, and as a result, the KIM Report will only be intermittently updated with new content.

I hope you continue to find use of the glossary and older articles. Though things are relatively quite now, a number of projects are steadily developing into what will likely be a new generation of mines.

In the diamond sector, a few stories to watch over the next two years:

  1. Stornoway Diamond Corporation’s continued development of the Renard project into a mine now that they hold 100% (at the expense of the Quebec government becoming a major shareholder).
  2. The attempted revitalization of the Jericho mine in Nunavut by Shear Diamonds Limited.
  3. Peregrine Diamonds Limited’s addition of kimberlite bodies in the diamondiferous Chidliak-Qiliaq area of southern Baffin Island.

Aside from diamond companies, other sectors to watch are the rare/exotic metals: Ta, Li, Nb, Y, Sc, and the REEs are all gaining interest (and perhaps well-deserved hype) due to the expansion of the high-technology industries, China’s geopolotics, and a serious production vacuum in the western world. For more information, look into Avalon Rare Metals, Commerce Resources, Lynas Corp., Matamec, MolyCorp, Quest Rare Metals, and Rare Element Resources.

The development of producing mines for these commodities is an economic and political necessity. Expect to see even more news about these and other companies as public awareness about the situation grows.

I hope you all continue to have an good summer and thank you  for reading.


Diamonds, Exotic Metals Comments(0) July 28, 2011 12:31 pm