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by Will Purcell
The diamond and specialty minerals stocks box score for Friday was an upbeat 73-52-142. The TSX Venture Exchange gained 14 points to 780 while polished diamond prices fell 0.2 per cent. Eric Friedland and Tom Peregoodoff's Peregrine Diamonds Ltd. (PGD) lost one-half cent to 21.5 cents on 251,000 shares. The company has rolled out most of its promotable news for the year as a long winter looms at its Chidliak project on Baffin Island. Peregrine is currently planning for a (hopefully) newsworthy 2017.
Matt Manson's Stornoway Diamond Corp. (SWY), unchanged at $1.15 on 2.03 million shares, will be holding its first sale of diamonds from its new Renard mine in Northern Quebec in mid-November, more than two months ahead of schedule. The company declared Renard to be in "continuous production" in mid-July and although full commercial production is not expected until the end of the year, Renard had already produced 111,556 carats from 91,010 tonnes of kimberlite by the end of September, all of the rock coming from the three main phases of the Renard-2 pipe.
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