17:15:48 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Diamond & Specialty Minerals Summary for July 7, 2017

2017-07-07 20:33 ET - Market Summary

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Will Purcell

The diamond and specialty minerals stocks box score for Friday was a positive 54-50-153. The TSX Venture Exchange fell four points to 755 while polished diamond prices lost 0.35 per cent. Patrick Power's Arctic Star Exploration Corp. (ADD) lost one-half cent to 23.5 cents on 486,000 shares. The company has said nothing since it raised $350,000 late in May. It had been performing preliminary work on its Diagras joint venture project at Lac de Gras. Unfortunately, silence is never golden on Howe Street.

Terry Tucker's Tango Mining Ltd. (TGV), unchanged at 4.5 cents on 4.67 million shares, continues to produce a smattering of alluvial diamonds from its Oena project on the Orange River of South Africa. The company recovered 28 diamonds weighing a total of 61.4 carats during the month ended June 20, 2017. Tango sold 53.4 of those carats for just under $80,000 (U.S.), or $1,490 (U.S.) per carat. Mr. Tucker, executive chairman and the company's interim chief executive officer until earlier this week, said the other diamonds were sold to the state diamond trader.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2024 Canjex Publishing Ltd. All rights reserved.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.


Comments for this item are closed