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Topic: Aber Diamond


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In the News (Fri 18 Dec 09)

  
 Aber Diamond Corporation
Aber Diamond Corporation is engaged in the acquisition, exploration and development of mineral properties in Canada.
Aber's principal asset is a 40% joint venture interest in the Diavik Diamonds Project in the Northwest Territories of Canada.
Aber's net earnings for the quarter were $13.6 million with earnings per share of $0.23 (cash earnings per share of $0.53(1)) as compared to net earnings of $2.8 million and earnings per share of $0.05 (cash earnings per share of $0.32(1)) for the comparable quarter of the previous year.
www.ernstrade.com /NASDAQ/AberDiamond.html   (602 words)

  
 Aber to Buy Harry Winston   (Site not responding. Last check: 2007-11-04)
Aber, Canada's biggest publicly traded diamond miner, gave no further details about the deal other than to say it had signed a letter of intent with the owners of Harry Winston and the transaction will take place in stages.
Matthew Manson, Aber vice president of marketing, said Thursday's statement was brief as Aber was in the middle of a due diligence exercise on the retailer with outlets at exclusive addresses like New York's Fifth Avenue and Beverly Hills, CA.
Aber is the co-owner of Canada's Diavik diamond mine.
www.professionaljeweler.com /archives/news/2003/120103story.html   (238 words)

  
 icWales - Dad hands diamond hunt to daughter   (Site not responding. Last check: 2007-11-04)
DIAMONDS are a girl's best friend - and to the Lara Croft of the mining world they are her fortune.
Aber has now staked out more than a million acres of tundra in the belief that diamonds studded in its underlying rock are worth many millions.
Aber, led by Mr Thomas with help from geologist Chris Jennings, found diamond bearing rock or "pipes" in the Lac de Gras area in 1991.
icwales.icnetwork.co.uk /0100news/0200wales/content_objectid=13905017_method=full_siteid=50082_headline=-Dad-hands-diamond-hunt-to-daughter-name_page.html   (696 words)

  
 Stockwatch > News > News Item
Aber and Tiffany agreed to some big adjustments to the arrangement the two companies made in 1999, and that triggered Tuesday's drop in Aber's share price.
Aber's shares closed at $45.05 the day before, but investors seemed unwilling to pay more than what several financial institutions were willing to pay for Tiffany's shares.
Aber rebounded to an intraday high of $44.25 within several minutes of the big cross, but the stock sagged through the balance of the day.
www.stockwatch.com /swnet/newsit/newsit_newsit.aspx?bid=B-403938-C:ABZ&symbol=ABZ&news_region=C   (1698 words)

  
 NameTraq | Last Name: Aber   (Site not responding. Last check: 2007-11-04)
Aber Diamond, a partner in one of Canada's two operating diamond mines, said yesterday (Wednesday) it plans to raise about C$75 million ($58 million) in a...
Aber Diamond Corporation has entered into an agreement with a syndicate of underwriters that have agreed to purchase 1,500,000 common shares on a bought deal...
Aber arrived at the Oval confident of doing the double over the hosts after their 2-1 win at Park Avenue earlier this season.
www.nametraq.org /Jan04/A/Aber.shtml   (1255 words)

  
 Forbes.com: Diamond firm Aber to issue stock, eyes dividend   (Site not responding. Last check: 2007-11-04)
Aber, owner of 40 percent of the Diavik mine and a recent entrant to diamond retailing, said the new bank facilities had more attractive terms than an existing project loan, giving the Toronto company more flexibility to start paying dividends.
Aber said it had entered into a bought deal with a syndicate of underwriters who will buy 1.5 million new Aber shares at C$49.75 a share and then on-sell the stock.
Aber's board is busy formulating a dividend policy but the firm did not say when it would start payouts to shareholders.
www.forbes.com /technology/newswire/2004/01/14/rtr1211597.html   (462 words)

  
 Aber-Diamond, 1st Writethru   (Site not responding. Last check: 2007-11-04)
Aber said it's now looking to the future, when it can start paying dividends and possibly become jeweller to the stars.
In November, Aber (TSX:ABZ) announced it has signed a non-binding letter of intent with the owners of Harry Winston that would see Aber buy the New York-based jeweller known for lending millions of dollars worth of gems to celebrities attending the Oscars and other award shows in a staged transaction.
Aber's wholly owned subsidiary, Aber Diamond Mines Ltd., holds a 40 per cent interest in the Diavik diamond mine in the Northwest Territories.
www.cp.org /english/online/full/Business/040312/b031256A.html   (546 words)

  
 Aber Diamond Corporation reports results   (Site not responding. Last check: 2007-11-04)
Aber's net earnings for the fiscal year ended January 31, 2004 totalled $27.7 million or $0.50 per share compared to the prior year's loss of $3.9 million or $0.07 per share.
Aber's move to profitability is primarily a result of the commencement of commercial production in the third quarter and therefore the realization of profits from its diamond sales.
Aber's fourth quarter earnings of $3.2 million or $0.06 per share represent a decrease from the prior quarter results of $13.5 million or $0.25 per share, but an increase over the previous year's corresponding quarter, prior to the commencement of commercial production.
www.forrelease.com /D20040312/to194.P1.03122004081952.08282.html   (618 words)

  
 Diamonds | Diamond News   (Site not responding. Last check: 2007-11-04)
By the end of 2006, when a third diamond mine is expected to begin production, Canada's share of a global market that in 2000 was worth an estimated $7.5-billion a year at the rough production level - and a staggering $57.6-billion in retail sales of diamond jewellery - could hit 12 per cent.
Sirius Diamonds Ltd., with headquarters in Vancouver and a factory in Yellowknife, is renowned for its Polar Bear Diamond - stones laser-engraved with a polar bear - that were introduced in 1999.
Tiffany has agreed to purchase a minimum of $50-million a year in diamonds from Aber when Diavik starts producing, and is currently building a $3-million sorting and cutting factory in Yellowknife.
www.a-diamonds.com /news/newspage.html   (1355 words)

  
 Hoover's Company Information for Aber Diamond Corporation   (Site not responding. Last check: 2007-11-04)
Aber Diamond Corporation holds a Canadian diamond in the rough.
Diavik Diamond Mines, a subsidiary of Rio Tinto, owns the remaining 60% and operates the mine.
With its share, Aber directly supplies Tiffany and Co. with diamonds.
hosted.ap.org /dynamic/external/cobrands.hoovers.com/global/cobrands/ap/factsheet.xhtml?Ticker=ABER&SITE=WCNC&SECTION=HOME   (99 words)

  
 CNW Group   (Site not responding. Last check: 2007-11-04)
Diamond production is expected to be approximately 8.2 million carats, with 8.0 million carats being delivered to the Joint Venture Participants by the end of the calendar year.
The Diavik Diamond Mine (known as the Diavik Project during the project construction phase, prior to the commencement of commercial production) is an unincorporated joint venture between Diavik Diamond Mines Inc. (60%) and Aber Diamond Mines Ltd. (40%).
Diavik Diamond Mines Inc. is a wholly owned subsidiary of Rio Tinto plc of London, England, and Aber Diamond Mines Ltd. is a wholly owned subsidiary of Aber Diamond Corporation of Toronto, Canada.
www.newswire.ca /en/releases/archive/November2003/19/c4293.html   (996 words)

  
 Tiffany sells Aber share position   (Site not responding. Last check: 2007-11-04)
Tiffany purchased its share position from Aber in a 1999 private placement that provided Aber with the funds to proceed with the early stages of the development of the Diavik Diamond Mine.
A diamond sales agreement, completed at the same time, provided Aber with an off-take arrangement essential to the completion of a bank loan facility that provided the largest portion of Aber's share of the Diavik Project capital requirement without further equity dilution.
About Aber Aber Diamond Corporation is a specialist diamond company focusing on the mining and retail segments of the diamond industry.
www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/12-07-2004/0002587780&EDATE=   (378 words)

  
 Diamonds.net - News Center
International attention to the role of diamonds in the ongoing destruction of Sierra Leone because of the U.N. hostage crisis and fear of possible consumer boycott of diamonds persuaded the diamond industry in May of this year to undertake comprehensive reforms.
Countries importing cut and polished diamonds will not be required to source them to country of mined origin (8), but rather to impose strict prohibitions on the entry of stones from any country where diamonds are finished that does not itself have rough controls in place.
But the diamond industry as well as the key importers of rough stones, Israel, Belgium, and India, should not wait for the establishment of a global regimen to be completed, which may take years, before announcing and implementing such a policy today.
www.diamonds.net /news/newsitem.asp?num=4536&type=all&topic=Conflict   (4154 words)

  
 StockJunction.com - Aber Diamond Corporation ( ABZ )
Aber Diamond Corporation is pleased to announce the sale of its first parcel of diamonds from the Diavik Diamond Mine.
The diamond quality enhancement is, in turn, a result of a combination of reduced diamond breakage and a better population of larger stones.
The current mine plan, updated by Diavik Diamond Mines Inc., the operator, as of the end of March, calls for the mining and processing of 960,000 tonnes of diamond bearing material during this calendar year to recover 3.7 million carats of diamonds prior to the installation of the small diamond recovery enhancement.
www.stockjunction.com /modules.php?name=News&file=print&sid=710   (1011 words)

  
 [No title]
Diamond prices have risen significantly over the last year but the price changes have been substantially different between different categories of diamonds.
The process will be undertaken in Aber's Antwerp sales offices during early November and will have the effect of deferring the revenue from one sales event from the third quarter into the fourth quarter.
Aber supplies rough diamonds to the global market through its 40 percent ownership in the Diavik Diamond Mine, located off Lac de Gras in Canada's Northwest Territories, and also holds a 51 percent interest in Harry Winston Inc., the premier retailer of diamond jewelry.
www.tacyltd.com /Research_Materials_Full.asp?id=54314   (255 words)

  
 Aber acquires majority interest in Harry Winston   (Site not responding. Last check: 2007-11-04)
Aber purchased its interest in Harry Winston for $85 million, of which $20 million is in the form of additional working capital.
In conjunction with Aber's investment a new $60 million credit facility has been arranged by Harry Winston, with a consortium of banks lead by ABN Amro Bank N.V. Based on Harry Winston's current operations, it is expected that the dilution to Aber's fiscal 2004-2005 earnings will be approximately $0.05 per share.
Aber Diamond Corp.'s wholly owned subsidiary, Aber Diamond Mines Ltd., holds a 40 percent interest in the Diavik diamond mine located in Canada's Northwest Territories.
www.national-jeweler.com /nationaljeweler/headlines/article_display.jsp?vnu_content_id=1000491714   (313 words)

  
 Canadian Diamonds, Canadian ideal cut diamonds sourced from the Rio Tinto Aber Diviak diamond mine
Canadian Diamonds which are mined and cut in Canada and Canadian Diamonds which were pulled out of the ground in Canada and then exported to the various world diamond cutting centers for polishing.
When we purchase ideal cut diamonds for our inventory we look for diamonds with proportions that fall within a very tight range of parameters that fall within the broad set of parameters suggested by the AGS Laboratory for their AGS Ideal Cut Rating...
Both companies source their diamonds from non-conflict sources, both distribution channels have implemented steps to ensure that they only represent diamonds which have been mined in a manner which is in compliance with the Kimberly Diamond Act of 2003 and within the guidelines set forth by Amnesty International.
www.niceice.com /canadian_diamonds.htm   (1793 words)

  
 Shore-Gold, 1st Writethru   (Site not responding. Last check: 2007-11-04)
The deal suggests that northern Saskatchewan could become a major factor in the growing Canadian diamond industry, which is currently the world's third-largest by value behind Botswana and Russia.
Matt O'Keefe, an industry analyst with Westwind Partners Inc. in Toronto, said that although Newmont is a gold miner, it has had experience in the Canadian diamond industry with a stake in Aber Diamond Corp. (TSX:ABZ).
Aber, with a stock market value of $2.4 billion, has a 40 per cent stake in the Diavik Diamond Mine in the Northwest Territories, one of Canada's two operating diamond mines along with the Ekati mine, also in the Northwest Territories.
www.cp.org /english/online/full/Business/050304/b0304144A.html   (471 words)

  
 Diamonds.net - News Center
I am an American diamond dealer/consultant and have worked for thirty years in every part of the globe where diamonds are mined, bought, sold and cut.
Not to mention the fact that the UNITA diamonds which are mostly on the western bank of the Cuango River are, IN NO WAY distinguishable from the same diamonds found on the Congo side of the river.
As I said earlier, you could take away every diamond that exists under the soil there and not a single human being who is currently being killed tortured or maimed would be spared.
www.diamonds.net /news/newsitem.asp?num=4537&type=all&topic=Conflict   (1200 words)

  
 CNW Telbec   (Site not responding. Last check: 2007-11-04)
Aber has purchased its interest in Harry Winston for US$85 million of which US$20 million is in the form of additional working capital.
In conjunction with Aber's investment a new US$60 million credit facility has been arranged by Harry Winston, with a consortium of banks lead by ABN Amro Bank N.V. "The terms of this transaction reflect the value added that Aber can bring to Harry Winston, and the potential of the brand" said Mr.
Harry Winston is the inventor of modern couture jewellery, and is known as the "King of Diamonds" and "Jeweller to the Stars".
www.cnw.ca /fr/releases/archive/April2004/02/c7597.html   (986 words)

  
 Aber - Marketing   (Site not responding. Last check: 2007-11-04)
To service these arrangements, Aber has established a rough diamond sorting facility in Toronto, the first of its kind in North America.
Canadian diamonds have already established a certain cachet within the diamond market, and lend themselves well to the branding movement prevalent today within the diamond business.
Aber will build on the Canadian identity of the Diavik production, but we will not develop a stand-alone brand.
www.aber.ca /frame_marketing.html   (240 words)

  
 Der Tempel von Dark Falz » Die Legenden aller Zeiten » Gauntlet Hall » xpBulletin Board
Wohl aber den Dolch, der sich grade neben ihm in festen Stein (!) bohrte und dort stecken blieb.
Mit zwei simplen Handbewegungen schuff er eine magische Mauer, dann rannte er fort, was seine Beine hergaben.
Der Stein krachte gegen sie und kurz danach löste sie sich auf, aber Dedra hatte sich in der Zwischenzeit schon in der Einbuchtung in Sicherheit gebracht.
www.xpbulletin.info /showprint.php?threadid=4435   (13787 words)

  
 Aber Diamond News   (Site not responding. Last check: 2007-11-04)
Aber Diamond News continually updated from thousands of sources around the net.
The Diavik Diamond Mine in the Northwest Territories says it will finish dike construction in 2007 which will allow it to begin open-pit mining of its third kimberlite pipe, the term for the ore bodies where...
Aber to Add 16 Harry Winston Stores Aber Diamond Corp., plans to...
www.topix.net /com/aber   (326 words)

  
 CBC News: Tiffany & Co. selling stake in Aber Diamond   (Site not responding. Last check: 2007-11-04)
TORONTO - Aber Diamond Corp. said Tuesday that diamond retailer Tiffany & Co. has sold its 8 million share stake in Aber and the companies have ended their discount sales agreement.
Tiffany sold its 13.9 per cent holding in Aber in a brokered deal led by Merrill Lynch to several financial institutions.
Aber said it will now sell the diamonds it gets from its 40 per cent stake in the Diavik diamond mine in the Northwest Territories at full market prices.
www.cbc.ca /story/business/national/2004/12/07/aber-041207.html   (213 words)

  
 StockJunction.com - Aber Diamond Corporation ( ABZ )
A limited quantity of the diamonds recovered during December underwent valuation for Government of Canada royalty purposes and are expected to be forwarded to the Joint Venture Participants, DDMI and Aber Diamond Corporation by the end of January.
Aber Diamond Mines Ltd. is a wholly owned subsidiary of Aber Diamond Corporation (formerly Aber Resources Ltd.) of Toronto, Ontario.
The Diavik Diamonds Project is located on a 20 square kilometre island in Lac de Gras, approximately 300 kilometres by air northeast of Yellowknife, Northwest Territories, Canada.
www.stockjunction.com /modules.php?name=News&file=print&sid=535   (1118 words)

  
 Aber Diamond Corporation Stock Quotes, Charts & Share Prices - free real time data from the Toronto Stock Exchange.
We are independent and so can provide users with links to other stock trading tools ranging from premium Aber Diamond Corporation stock research tools such as Aber Diamond Corporation Level 2 order book data to Aber Diamond Corporation stock market quote and free on line stock trading tools and stock market games.
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We also have the busiest investor bulletin board in the UK, with a free investor chat forum listing which is searchable by company stock epic.
www.advfn.com /quote_Aber-Diamond-Co_TSE_ABZ.html   (608 words)

  
 Aber Diamond Mines Ltd. - Agreements Database Organisation
Aber Diamond Mines Ltd. is a wholly owned subsidiary of Aber Diamond Corporation of Toronto, Ontario.
Aber's principal asset is a 40 per cent joint venture interest in the Diavik Diamonds Project in the Northwest Territories of Canada.
Under Aber's joint venture agreement with DDMI, Aber pays 40 per cent of the Project costs and has the right to receive and market 40 per cent of the diamond production.
pandora.nla.gov.au /pan/41317/20040406/www.atns.net.au/biogs/A001407b.htm   (230 words)

  
 RedTram News Search Engine | Aber Diamond says Tiffany & Co. sells 8M stake in co.   (Site not responding. Last check: 2007-11-04)
Aber Diamond says Tiffany and Co. sells 8M stake in co.
SAN FRANCISCO (CBS.MW) -- Aber Diamond said Tuesday that Tiffany and Co. has sold its 8 million share holding in the company.
Aber said its diamond sales pact with Tiffany remains in place, though it cancelled a previously applied discount » Full text »
www.redtram.com /go/298850   (83 words)

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