23:57:35 EDT Tue 30 Apr 2024
Enter Symbol
or Name
USA
CA



Diamond & Specialty Minerals Summary for Sept. 6, 2023

2023-09-06 20:39 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 weak 64-116-130 as the TSX Venture Exchange fell nine points to 584.Consolidated Lithium Metals Inc. (CLM) fell one-half cent to 6.5 cents on 3.78 million shares, its busiest day since dropping its former name, Jourdan Resources Inc., in late June.

Terry Tucker's Southstone Minerals Ltd. (SML) was unchanged at 1.5 cents on 5,000 shares Tuesday and did not trade today. The company's 43-per-cent-owned subsidiary, African Star Minerals Pty. Ltd., has three new contractors to mine and recover diamonds at its Oena mine in northwestern South Africa. The three contractors -- limber up your tongue here -- Zandfontein Delwery, Blouruq Diamante and Triangle Mining, will each get a separate portion of the Oena alluvial area to mine.

Zandfontein will mine Sandberg, Blouruq will dig at Oena and Triangle will work Blokwerf, but all three independent operators will funnel the mined gravels to a centrally located processing plant. The mining began last month and Mr. Tucker, president and chief executive officer, cheers that the first diamond sales from the new arrangement are expected in November.

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.