Jul 20, 2010· Shear Minerals Ltd. has acquired the Jericho diamond mine, its processing facilities and all supporting exploration assets located in Western Nunavut, Canada from Tahera Diamond Corporation. Under the terms of the purchase agreement, Shear Minerals will …
tahera tahera puts nunavut diamond mine up for sale. tahera diamonds milling diamond recovery - hiltz Tahera puts Nunavut diamond mine up for sale - North, Know more. Tahera Diamond Corp,, milling and exploration assets Tahera …
Tahera Diamond Corp., still struggling to improve operations at its Jericho mine in Nunavut, is open to either buyout offers or acquisitions that could diversify its asset base, its chief executive said Tuesday, Canadian Press (CP) reported.
Glory days. Peter Gillen, then the CEO of Tahera Diamond Corp., with Prime Minister Stephen Harper and ex-AAND minister Jim Prentice at the highly-publicized opening of the Jericho diamond mine in the summer of 2006. From that point, the mine's fortunes headed straight downhill. Tahera went into bankruptcy protection in 2008.
Tahera puts Nunavut diamond mine up for sale. Tahera Diamond Corp., which opened Nunavut's first and only diamond mine to date, has officially put the defunct facility and related assets up for sale.
Jericho opened in 2006 to great fanfare as Nunavut first diamond mine. It was the only operating mine in Nunavut until it closed in 2008. Former owner Tahera Diamond Corp. spent more than $200 million on startup costs, then lost millions on the project. Tahera lost …
TAHERA DIAMOND CORP. $1.14 (Toronto symbol TAH; SI Rating: Start-up) (1-877-777- 2004; ; Shares outstanding: 156.3 million; Market cap: $178.2 million) has completed the sale of 30 million units to Teck Cominco at $1.00 per unit.
The Tahera Diamond Corp. announced this week that its Jericho diamond mine in the Kitikmeot is now up for sale. The small Jericho mine, which operated between 2006 and 2007, was the first new mine to open in Nunavut after 1999.
The mothballed Jericho Diamond Mine at the north end of Contwoyto Lake — owned by Tahera Diamond Corp. and then Shear Diamonds (Nunavut) Corp. before it was officially abandoned in 2012 — is no longer operational and is being managed by INAC until Ottawa figures out what to do with it.
Shear Minerals Ltd. says it hopes to know by 2012 if and when its newly acquired Jericho diamond mine in western Nunavut can reopen. ... Tahera puts Nunavut diamond mine up for sale; External ...
Tahera Diamond Corporation, a mineral exploration and mining company, engages in the exploration and mining of diamond deposits in Canada. It holds interest in Jericho property, which encompasses the Jericho Diamond mine located in Nunavut.
Tahera Diamond Corporation has officially put its Jericho diamond mine in Nunavut up for sale, the company said on Monday. All of the related milling, mining and exploration assets are being sold with the mine.
Jericho Diamond Mine. In August of 2006, the Jericho Diamond Mine was officially opened for operations. Located in the Nunavut region of Canada, Jericho lies approximately 250 miles from Yellowknife. Owned by the Tahera Diamond Corporation, the mine received a considerable amount of construction funding from Tiffany & Company.
TORONTO (miningweekly.com) – Tahera Diamond Corp has put its Jericho diamond mine and related assets in Canada's Nunavut territory up for sale, the firm announced on Monday.
Tahera puts Nunavut diamond mine up for sale, CBC News Tahera Diamond Corp.. milling and exploration assets. Tahera opened the Jericho mine in western Nunavut in 2006. brings up diamonds. For Aur CEO, sale is 'an emotional thing' - The Globe and Mail
Tahera Diamond Corporation was a Canadian diamond mining company headquartered in Toronto, Ontario. Tahera's Jericho Diamond Mine was Canada's third, and Nunavut's first, diamond mine. Tahera opened the Jericho mine in 2006. During production Tahera had a diamond marketing alliance with Tiffany & Co.
For Aur CEO, sale is 'an emotional thing' ... company had not put itself up for sale, but was bound to consider the Teck offer. ... in Tahera for a 16-per-cent stake in the company that owns the ...
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Feb 20, 2019· Tahera Diamond Corporation, a mineral exploration and mining company, engages in the exploration and mining of diamond deposits in Canada. It holds interest in …
Jan 22, 2010· Tahera Diamond Corporation has officially put its Jericho diamond mine in Nunavut up for sale. The company will accept offers from prospective buyers for either all or portions of the mine's assets by March 1, 2010.
Jericho Diamond Mine: Project Summary Operator: Benachee Resources Inc., Tahera Diamond Corporation Location: 350 km southwest of Cambridge Bay in the west Kitikmeot region, Nunavut Jericho is a kimberlite deposit located at the north end of Contwoyto Lake, 25 km north of the Lupin gold mine site, in the Slave Geological Province.
puts jericho diamond mine up for sale 19 January 2010 Tahera Diamond Corporation and its wholly owned subsidiary, Benachee Resources Inc., have put their Jericho Diamond Mine and all related milling, mining and exploration assets up for sale.
Diamond stocks are not necessarily a cakewalk. This is a story where a mine was put into production in the North West Territories, but costs were a lot higher than expected and the company ran into cash flow problems and the grade was not what they expected.
Apr 22, 2009· Tahera Diamond Corp said on Wednesday it will try to raise up to C$40 million ($32 million) in an attempt to either reopen its Jericho diamond mine in Canada's Arctic or sell the asset.
It was the little Canadian diamond mine that could – then fell off the rails. Hopes were high for the Jericho mine when it started cranking out carats five years ago in Nunavut, 420 km northeast ...
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Tahera opened the Jericho mine in western Nunavut in 2006, touting it as Nunavut's first and only producing diamond mine. ... Tahera says other assets up for sale include two joint ventures — one of which involves the ...
Tahera says Teck won't buy stock in offering - media December 12th, 2007 Tahera Diamond Corp., operator of the unprofitable Jericho mine in northern Canada, said Teck Cominco Ltd. won't add to its 16% stake in the company in a planned share sale, Bloomberg reported.
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