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Vol. 11, No. 35 Week of August 27, 2006
Providing coverage of Alaska and Northwest Canada's mineral industry


MINING NEWS: Diamond hunters may join forces

Canada’s Stornoway Diamond presses for consolidation with country’s Ashton Mining and Contact Diamond, combo value C$140M

By Rose Ragsdale

For Mining News

Stornoway Diamond Corp. of Vancouver, B.C., launched an ambitious bid in July that, if successful, will create a mid-tier diamond exploration and development company in Canada. The complex three-way combination of Stornoway with Ashton Mining of Canada Ltd. and Contact Diamond Corp. is valued at C$1....

    [additional news subjects in this story]

Ashton criticizes deal

No majority shareholder

Ashton exploration success

Another promising portfolio


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