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Vol. 13, No. 4 Week of January 27, 2008
Providing coverage of Alaska and Northwest Canada's mineral industry


MINING NEWS: Tahera seeks protection from creditors

Troubled diamond producer fails to raise cash in $36.7 million equity offering aimed at keeping Jericho Diamond Mine in operation

Rose Ragsdale

For Mining News

Tahera Diamond Corp., nearly 17 months to the day after the hopeful startup of its Jericho Diamond Mine in Nunavut Territory, said it would seek protection from its creditors under Canada’s Companies’ Creditors Arrangement Act. A few hours later, the Toronto-based diamond producer announced that it....

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A model diamond mine

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