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Tag "shear-diamonds-ltd"

Shear Announces Resignation of CFO and Directors 0

TORONTO, ONTARIO — (Marketwire) — 11/15/12 — Shear Diamonds Ltd. (TSX VENTURE: SRM) ("Shear") is announcing the resignation of its CFO and two of its directors.Due to other significant time commitments both Pamela Strand and David Prince have resigned from the board of directors of Shear Diamonds.Greg Powell, CFO has also resigned.Shear-s management and directors thank Mr Prince and Ms Strand for their efforts and guidance during their tenure as Shear directors. Shear also wishes

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Shear Suspends Stockpile Production Due to Low Diamond Prices, Will Focus on Exploration 0

TORONTO, ONTARIO — (Marketwire) — 09/04/12 — Shear Diamonds Ltd. (TSX VENTURE: SRM)("Shear") announces that it has suspended production of its high grade stockpiles at the 100% owned Jericho diamond mine as a result of continuing weak world diamond prices. During this interim phase and until prices improve, Shear will look at exploration assets proximal to the Jericho site such as its Carat and Muskox properties, coupled with further definition of its in situ diamond resource at J

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Processing and Operations Update 0

TORONTO, ONTARIO — (Marketwire) — 06/08/12 — Shear Diamonds Ltd. (TSX VENTURE: SRM) ("Shear") is providing a processing and operations update with respect to the high grade concentrate stockpiles at its Jericho diamond mine:Shear-s processing activities to date are meeting two of Shear-s three stated goals, in that (i) Shear has demonstrated that a significant number of diamonds went unrecovered by Jericho-s prior operators and can be recovered and (ii) Shear has acquired (and con

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Shear Announces the Recovery of 200.85 Carats of Diamonds and Completion of New Geological Model, Jericho Diamond Mine, Nunavut 0

TORONTO, ONTARIO — (Marketwire) — 10/06/11 — Shear Diamonds Ltd. (TSX VENTURE: SRM) today announces the recovery of the first 200 carats of diamonds from trial tests performed in the recently restarted recovery portion of Shear-s 100% owned Jericho Diamond Mine, Nunavut. In addition Shear has completed a new geological interpretation and 3- D Model for the Jericho Kimberlite Complex."The recoveries are an important part of proving Jericho-s real potential, and speaks to the lost grade

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