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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