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Diamonds Summary
Symbol C : *MKTDIAM
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Diamond & Specialty Minerals Summary for Sept. 11, 2017

2017-09-11 20:33 ET - Market Summary

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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a 65-65-133 draw. The TSX Venture Exchange fell two points to 769 while polished diamond prices inched higher. Dermot Desmond and David Whittle's Mountain Province Diamonds Inc. (MPVD) dipped three cents to $4.19 on 330,000 shares. At last report, the company was beavering away, trying to renegotiate some terms of its big loan facility covering its share of the $1.1-billion cost of the Gahcho Kue mine, which is now in production.

Paul Antoniazzi's RT Minerals Corp. (RTM), down one-half cent to 6.5 cents on 1.53 million shares, is seeking $550,000 through the sale of five million flow-through shares at seven cents and four million regular shares at five cents. The flow-through cash, says Mr. Antoniazzi, president and chief executive officer, is for exploration on the company's Norwalk gold project near Wawa. He says that the rest of the cash is for working capital, which presumably includes the company's plans for the Ballard Lake diamond project, just northeast of Wawa.

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