00:35:12 EST Sat 07 Feb 2026
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Diamond & Specialty Minerals Summary for July 30, 2025

2025-07-30 17:42 ET - Market Summary

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by Will Purcell

The diamond and specialty minerals stocks box score for Wednesday was a weak 56-87-167 as the TSX Venture Exchange fell seven points to 770. Dermot Desmond and Mark Wall's Mountain Province Diamonds Inc. (MPVD) closed unchanged at 5.5 cents on 145,000 shares today. The company said late Monday that it and Mr. Desmond's Dunebridge Worldwide Ltd. are amending their amended and restated bridge credit facility -- this bridge has been patched up about as often as the one in Brooklyn -- growing it by $10-million (U.S.) to $40-million (U.S.).

When the facility was created in February, it contemplated Mountain Province having access to $40-million (U.S.), but the last $10-million (U.S.) was lawyered as "only available to the company at the discretion of Dunebridge, and upon terms and conditions as agreed to." The bridge facility got its first overhaul in May, when the two companies finalized arrangements for an additional working capital facility. (You cannot keep track of the facilities without risking the loss of your faculties.)

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