00:51:56 EDT Wed 24 Apr 2024
Enter Symbol
or Name
USA
CA



Diamond & Specialty Minerals Summary for Sept. 13, 2017

2017-09-13 19:25 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 Wednesday was a mediocre 61-69-133. The TSX Venture Exchange lost four points to 771 while polished diamond prices were flat. Ken MacNeill and George Read's Shore Gold Inc. (SGF) dipped one-half cent to 18 cents on 1.51 million shares today, setting a new post-arrangement low of 17.5 cents. The arrangement, reached in June, allows Rio Tinto to earn a 60-per-cent interest in Shore's Star-Orion South diamond project in central Saskatchewan.

Grenville Thomas and Ken Armstrong's North Arrow Minerals Inc. (NAR), up 3.5 cents to 25 cents on 17,000 shares, has wrapped up its summer drilling and mini-bulk sampling at the Q1-4 kimberlite on its Naujaat project in central Nunavut. The $3-million program included nearly 3,500 metres of core drilling spread across 11 new holes, designed to better define the geometry of the big horseshoe-shaped pipe. The company also collected 234 wet tonnes of kimberlite from a new surface site to better assess the diamond grades, populations and values within the big pipe.

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