KKR plans to create diamond giant LONDON -(MarketWatch)- Private equity firm Kohlberg Kravis Roberts & Co. wants to buy the diamond mining operations of BHP Billiton Ltd. (BHP) and Rio Tinto PLC (RIO) and merge them to create a challenger to the two diamond industry leaders De Beers and Alrosa, reports The Sunday Times. Read Full Article Read more   KKR Plans To Create Diamond Giant From BHP, Rio Units - Report Private equity firm Kohlberg Kravis Roberts & Co. wants to buy the diamond mining operations of BHP Billiton Ltd. (BHP) and Rio Tinto PLC (RIO) and merge them to create a challenger to the two diamond industry leaders De Beers and Alrosa, reports The Sunday Times. Read Full Article Read more   Diamond mines in Canada at risk The owners of Canada’s two largest mines are looking to get out. Read Full Article Read more   Cadillac Mining Corporation Announces First Tranche of Private Placement and Commencement of Goldstrike Core Drilling Vancouver, British Columbia CANADA, May 07, 2012 /FSC/ - Cadillac Mining Corporation (CQX - TSX Venture), announces that it has received approval from the TSX Venture Exchange for closing of the First ... Read Full Article Read more   Black Diamond Group Limited Announces Monthly Dividend Increase CALGARY, ALBERTA-- - Black Diamond Group Limited is pleased to announce the Board of Directors has approved a nine per cent increase in the Company's monthly dividend to $0.060 paid monthly, or $0.72 per share per year, up from $0.66 per share per year. The increase will take effect May 2012 for payment ... Read Full Article Read more   Black Diamond Group Limited Increases 2012 Capital Spend to $95 Million CALGARY, ALBERTA-- - Black Diamond Group Limited is pleased to announce the Board of Directors has approved a $25 million increase to its 2012 capital expenditure budget. This increase will bring the total 2012 capex budget to $95 million. The previously announced $70 million capex has been substantially ... Read Full Article Read more   Bill Mann's Canada: Mining mania gripping western Canada In western Canada’s booming mineral and resource-based economy, a new mine or oil well is often nearby — even in the city. There are currently 12 working oil wells within Calgary’s city limits, for example, with a new one planned just behind the Wal-Mart garden center in that oil-rich Alberta town. Read Full Article Read more   Explor to Drill a Stratigraphic Diamond Drill Hole on Timmins Porcupine West Property ROUYN-NORANDA, CANADA-- - Explor Resources Inc. is pleased to announce the drilling of a stratigraphic diamond drill hole on the Timmins Porcupine West Property. The diamond drill hole will be designed ... Read Full Article Read more   Thelon Capital Announces Discovery of Kimberlite on Its JV Property 12 km West Of the Diavik Diamond Mine, NWT, Canada Thelon Capital Announces Discovery of Kimberlite on Its JV Property 12 km West Of the Diavik Diamond Mine, NWT, Canada Read Full Article Read more   Huakan International Mining Inc. Reports Underground Diamond Drill Program Underway at J&L Property VANCOUVER, BRITISH COLUMBIA-- - Huakan International Mining Inc. announces that a 40 hole, 8,000 metre underground diamond drill program is underway at its J&L precious and polymetallic project, located ... Read Full Article Read more

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