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Get PriceCanadian based company Shear Diamonds Ltd Has announced the recovery of the first 200 carats of diamonds from trial tests performed in the recently restarted recovery portion of Shear s 100 percent owned Jericho diamond mine R P en ru por About News Analytics Expert Reports Exclusive Arctic Safety and Ecology Exclusive The main factor that impacts the price increase of colored
Get PriceShear secures Jericho water licence The The deal will see Tache selling rough and polished diamonds from the mine and Shear participating in the sale s final net profits Shear acquired the Jericho mine and related infrastructure in August 2024 along with the former exploration assets of Tahera Diamond for $2 million cash 80 million shares and a 2% royalty to Caz Petroleum the
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Get PriceThe drop in world diamond prices has stalled Shear Diamonds plan to revive the Jericho mine bringing production of its high grade stockpiles to a halt Read More Shear and Tache sign financial agreement January 3 2024 Shear Diamonds will sell rough and polished diamond production from Nunavut s Jericho mine to Belgium based Taché Company Read More Name change for Shear
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Get PriceIt was purchased out of bankruptcy by Shear Diamonds Ltd in 2024 A subsequent attempt to reopen the mine that year failed due to financing issues and the mine was mothballed pending potential new investors willing to take on the project
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Get PriceShear Diamonds Ltd says it s begun processing diamonds from the stockpiles at its Jericho diamond mine in Nunavut About 3 500 carats have been recovered from 358 tonnes after the first 10 full days of processing the company reported May 1 For the next 10 months Shear plans to focus on the processing of these stockpiles
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Get PriceShear is paying $2 million 80 million common shares of Shear of which 72 million will go to secured creditor and debtor in possession CAZ Petroleum Inc and a two per cent royalty on
Get PriceThe 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 and
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Get PriceShear is providing a processing and operations update with respect to the high grade concentrate stockpiles at its Jericho diamond mine On August 13 2024 Shear delivered its third parcel
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Get PriceShear Diamonds Ltd announced this week that it had recovered its first 200 carats of diamonds from the Jericho diamond mine The diamonds recovered from tailings discarded when the mine was in operation from 2024 to 2024 included 14 stones greater than 5 carats with the largest stone nearly two carats in size
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Get PriceShear Minerals Ltd says it hopes to know by 2024 if and when its newly acquired Jericho diamond mine in western Nunavut can reopen The Edmonton based mining company acquired the mothballed mine
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Get PriceShear believes there is a significant upside potential for the mineral resource at Jericho she said SRK is currently preparing an updated NI 43 101 resource estimate for the Jericho
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Get PriceToronto based Shear Diamonds has begun processing high grade concentrate stockpiles at its Jericho diamond mine and reports the recovery of 3 500 ct from 358 tonnes of material in the first 10 days of processing Shear says it has worked hard to overcome processing challenges at Jericho These include the balancing of processes and general flowsheet fine tuning basic maintenance and legacy
Get PriceThe Jericho Diamond Mine was the third diamond mine in Canada and the first in Nunavut territory It is located about 250 miles northeast of Yellowknife Northwest Territories The mine was opened by Tahera Diamond Corporation and produced diamonds from 2024 to 2024 but the company lost money In 2024 Shear Minerals Ltd acquired the property with the intent of bringing the mine back into
Get PriceShear 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
Get PriceJericho Diamond Mine and Afridi Aylmer Lake The company was founded on November 16 1995 and is headquartered in Toronto Canada Vice President Corporate Development Prior 2024 Shear Diamonds Buys Jericho Relaisrestaurantchanasfr jericho mine updatenovember julie lassonde Know More Shear Diamonds seeks a buyer as Jericho mine
Get PriceApr 19 2022Shear Diamonds Buys Jericho Jericho Diamond Mine Wikipedia On July 19 2024 Shear Diamonds née Shear Minerals Ltd TSX V SRM a diamond exploration company focused on the Nunavut region announced its purchase of the Jericho Diamond MineIn late 2024 Shear announced that it would take about a year to devise a plan to reopen the
Get PriceThe Page Description shear diamonds buys jericho Shear bought the mothballed Jericho property from the insolvent remains of the Tahera Diamond Corp in August 2024 The Jericho minewhich last operated from 2024 to 2008was Nunavuts first diamond mine From 2024 to 2008the mine produced 780 000 carats of diamonds from 12 million tonnes of kimberlite mined from its open pit
Get PriceIn 2024 Shear Diamonds purchased the bankrupt Jericho diamond mine Canada s first in Nunavut in a $6 million cash and stock option deal with the hopes of resurrecting the formerly operational mine The deal allowed Shear Diamonds to bypass the $200 million to build the mine and not assume any of the former company s liabilities For Shear Diamond investors it shaves years off the process
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