North of 60 Mining News - The mining newspaper for Alaska and Canada's North

By Rose Ragsdale
For Mining News 

Outlook glitters for Naujaat diamonds

North Arrow, Burgundy await count of yellow gems in sample North of 60 Mining News – March 4, 2022

 

Last updated 3/10/2022 at 4:16pm

North Arrow Minerals Nunavut Canada Naujaat diamond kimberlite mining yellow

North Arrow Minerals Inc.

The Q1-4 kimberlite on the Naujaat project in Nunavut benefits from its population of fancy vivid yellow diamonds.

With diamond prices climbing while global production is expected to remain flat through 2027, the outlook for diamond explorer North Arrow Minerals Inc. is shining bright. The company Feb. 22 reported progress at its projects across Canada, including work undertaken in 2021 at its advanced diamond project in Nunavut.

North Arrow said processing of a 2,000-metric ton bulk sample extracted in 202...



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