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Diamond & Specialty Minerals Summary for June 7, 2021

2021-06-07 20:21 ET - Market Summary

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by Will Purcell

The diamond and specialty minerals stocks box score on Monday was a weak 88-114-98 as the TSX Venture Exchange fell a fraction to 977 while polished diamond prices rose 0.1 per cent. UEX Corp. (UEX) was a busy trader today, still without benefit of news in the past month as it jumped five cents to 45.5 cents on 12.44 million shares.

Glenn Kasner's Ontario diamond explorer, RJK Explorations Ltd. (RJX.A), fell 2.5 cents to 19.5 cents on 57,000 shares as it awaits diamond counts from several big batches of rock taken from the several kimberlites east of Lake Timiskaming that it discovered over the past few years. Mr. Kasner, president and chief executive officer, and Peter Hubacheck, the company's diamond project manager, say that 12.2 tonnes of kimberlite from seven bodies are now at two labs for processing and diamond recovery. The rock was recovered from the near-surface bodies through a combination of core and reverse-circulation drilling, and surface excavation.

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