De Beers sitting on largest diamond inventory since 2008, FT reports
The diamond giant has faced multiple headwinds in recent years.
Quebec’s first diamond mine took another step forward today, with the launch of the federal environment assessment process, The Montreal Gazette reports:
The Canadian Environmental Assessment Agency is accepting public comment on the project, along with suggestions of environmental issues that should be considered in the comprehensive study of the project.
Stornoway Diamond Corp’s flagship property is the $511-million Renard project located in the Otish Mountains area of Quebec’s James Bay region.
Aug. 15 is the deadline for comments and funding applications.
Image of the Renard project, by Stornoway Diamond Corp.
