06:00:45 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



Diamond & Specialty Minerals Summary for Nov. 1, 2023

2023-11-01 18:16 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 74-102-134 as the TSX Venture Exchange fell fractionally to 515. Ewan Mason's Star Diamond Corp. (DIAM) rose one cent to 8.5 cents on 295,000 shares.

Star Diamond was a day late but thinks it was worth the wait to declare the replacement name for its mammoth diamond project in central Saskatchewan. The new name, Kiwetin, replaces FalCon, the moniker bestowed upon the Fort a la Corne-based project and its diamonds by Rio Tinto Exploration Canada Inc. (RTEC), after it agreed to spend big to earn a majority interest in the project in 2017. Until then, the project had been drearily described as "Star Diamond's mineral dispositions in the Fort a la Corne diamond district."

The new name, which Star Diamond says is pronounced "kee-way-tin," translates as north wind. This, the company enthuses, is highly symbolic of the Fort a la Corne project area and the surrounding first nations territory, where the climate is often characterized by strong winds from the north.

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.