20:30:11 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Diamond & Specialty Minerals Summary for Feb. 11, 2016

2016-02-11 20:46 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 Thursday was a disappointing 38-50-147. The TSX Venture Exchange gained three points to 508 while polished diamond prices fell 0.2 per cent. Patrick Evans and Dermot Desmond's Mountain Province Diamonds Inc. (MPV) lost seven cents to $4.52 on 48,000 shares. The company and its co-venturer, De Beers Canada, continue construction of their billion-dollar diamond mine at Gahcho Kue, 250 kilometres northeast of Yellowknife. The work is on schedule and within budget.

Jean-Raymond Boulle's Diamond Fields International Ltd. (DFI: $0.01) has wrapped up a second phase of work at ML-111, a diamond concession off the coast of Namibia. The program was arranged last fall with International Mining and Dredging Holding Ltd. (IMDH). The co-venturers completed geophysics over several areas of interest late last year in the first stage. Now, they have completed marine diamond sampling operations in areas delineated by the geophysics. That work produced 221.55 carats of diamonds through drill sampling.

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