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Diamond & Specialty Minerals Summary for June 10, 2024

2024-06-10 18:40 ET - Market Summary

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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a mediocre 69-99-142 as the TSX Venture Exchange fell one point to 586. Ewan Mason and George Read's tireless diamond explorer, Star Diamond Corp. (DIAM), closed unchanged at 8.5 cents on 2,000 shares. The company, which once could give De Beers a run for the money in the secrecy department, has been chattier than a squirrel defending a hoard of nuts since Mr. Mason, chairman, added the role of chief executive officer to his business cards 18 months ago.

While Mr. Mason is the undisputed champion at chattering about the company's plan to build a mammoth diamond mine in the Fort a la Corne region of central Saskatchewan, Mr. Read, his senior vice-president of corporate development, has lately been vying for the title. Last week, the ebullient Mr. Read took to the Internet airwaves via CEO.ca to cheer on his company's imminent resource estimate for the Star and Orion South kimberlites.

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