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Diamonds Summary
Symbol C : *MKTDIAM
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Diamond & Specialty Minerals Summary for March 12, 2019

2019-03-12 21:04 ET - Market Summary

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by Will Purcell

The diamond and specialty minerals stocks box score on Tuesday was a mediocre 68-82-152 as the TSX Venture Exchange gained one point to 620 and polished diamond prices remained flat. Quentin Yarie's diamond and specialty minerals explorer, Honey Badger Exploration Inc. (TUF), was down one-half cent to three cents on 4.56 million shares. Lately, Honey Badger has been all about cobalt, thanks to encouraging assays from its Thunder Bay project.

Ken MacNeill and George Read's Star Diamond Corp. (DIAM) closed unchanged at 24.5 cents on 327,000 shares. The company's stock, stuck like glue near the 20-cent mark for most of the past seven years, has found a new, slightly higher perch, thanks to investors anticipating the start of a big bulk sampling program by the company's co-venturer, Rio Tinto PLC. Rio Tinto can earn a 60-per-cent interest in the Fort a la Corne project in central Saskatchewan by completing about $70-million of work, including three 10-hole tests of the main kimberlites.

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