The necklace is featured in the brand’s “Rebel Heart” campaign starring Adam Levine and Behati Prinsloo.
Kennady Diamonds Acquires 6 Mining Leases in Canada
Comprising roughly 4,233 hectares in the Northwest Territories, the leases adjoin the southern border of De Beers’ Gahcho Kué mine.
Vancouver, B.C.--Kennady Diamonds announced that it has acquired six mining leases from GGL Resources Corp. in the Northwest Territories for a cash sum of $200,000.
The leases adjoin the southern border of De Beers’ Gahcho Kué mine, comprising roughly 4,233 hectares to bring the total land position for the Kennady North project to over 71,000 hectares.
They are approximately 168 miles east-northeast of Yellowknife, the capital of Northwest Territories, and also are adjacent to 11 mining leases the company acquired from GGL in 2013.
Of particular interest to the company in its new leases is the “Blob Lake” target, it said, which is located in an unnamed lake a little more than 3 miles southwest of the Gahcho Kué mine. It is defined by indicator mineral and geochemical studies conducted by GGL years ago.
GGL Resources retains a 0.75 percent royalty interest on all mineral products that the property on those six mining leases produces, but at any time before commencement of production, Kennady has the right to purchase one-third of the royalty, or 0.25 percent, for $1 million.
Kennady Diamonds Inc. controls 100 percent of the Kennady North diamond project in the Northwest Territories.
“We are delighted with this acquisition. It is a natural extension to our portfolio and strengthens our land position within the Kelvin-Faraday Corridor,” President and CEO Rory Moore said. “Although our primary focus will remain the Kennady North area, we look forward to testing kimberlite targets within the new leases, beginning with an in-depth review of the historical data.”
The Latest
The two organizations will host a joint event, “Converge,” in September 2025.
Padis succeeds Lisa Bridge, marking the first time the organization has had two women board presidents in a row.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
Jesse Cole, founder of Fans First Entertainment, shared the “five Es” of building a fan base during his AGS Conclave keynote.
The Royal Oak Perpetual Calendar "John Mayer" was celebrated at a star-studded party in LA last week.
The three-time Pro Bowler continues to partner with the retailer, donating to a Detroit nonprofit and giving watches to fans.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
A double-digit drop in the number of in-store crimes was offset by a jump in off-premises attacks, JSA’s 2023 crime report shows.
Inspired by the Roman goddess of love, the designer looked to the sea for her new collection.
The luxury titan posted declining sales, weighed down by Gucci’s poor performance.
The selected nine organizations have outlined their plans for the funds.
The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
Emmanuel Raheb recommends digging into demographic data, customizing your store’s communications, and retargeting ahead of May 12.
Located in the town of Queensbury, it features a dedicated bridal section and a Gabriel & Co. store-in-store.
A 203-carat diamond from the alluvial mine in Angola achieved the highest price.
Ruser was known for his figural jewelry with freshwater pearls and for his celebrity clientele.
The “Rebel Heart” campaign embodies rebellion, romance, and sensuality, the brand said.
Editor-in-Chief Michelle Graff shares the standout moments from the education sessions she attended in Austin last week.
The overhaul includes a new logo and enhanced digital marketplace.
The money will go toward supporting ongoing research and aftercare programs for childhood cancer survivors.
A new addition to the “Heirloom” collection, this one-of-a-kind piece features 32 custom-cut gemstones.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The move will allow the manufacturing company to offer a more “diverse and comprehensive” range of products.
From now through mid-May, GIA will be offering the reports at a 50 percent discount.
De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.