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Star Diamond Corp T.DIAM

Alternate Symbol(s):  SHGDF

Star Diamond Corporation is a Canada-based company engaged in the acquisition, exploration and development of mineral properties. Its primary asset is its 100% interest in the Fort a la Corne property, which is located in central Saskatchewan. Its Fort a La Corne Diamond Project includes Star and Orion South Kimberlites. These kimberlites are in close proximity to established infrastructure, including paved highways and the electrical power grid. The Star-Orion South Diamond Project is located within the Fort a la Corne diamond district of central Saskatchewan, Canada. These Fort a la Corne mineral dispositions are located in the Fort a la Corne Provincial Forest, approximately 60 kilometers (km) east of Prince Albert, Saskatchewan. It also holds a 100% interest in the Buffalo Hills Diamond Project, located approximately 400 kilometers northwest of Edmonton, Alberta, Canada. The property covers a total of 21 mineral leases covering an area of approximately 4,800 hectares (ha).


TSX:DIAM - Post by User

Post by Nexus2020on Apr 16, 2022 2:00am
439 Views
Post# 34607247

Rough Diam Prices (Thur, 14 Apr) - Missed 2nd Half of Review

Rough Diam Prices (Thur, 14 Apr) - Missed 2nd Half of ReviewRough prices are now off 2.4 per cent in the past month and are down 5 per cent since the post-COVID-19 rally peaked in mid-February. The good news, of course, is that prices are up about 25 per cent over the past five years and nearly as much over the past decade -- coincident numbers that betray the fact that the diamond sector endured a full decade of stagnation after prices hit a record high in the spring of 2011. That stagnation -- and the lack of promotable discoveries because of that stagnation -- are key reasons why a torrent of cash is not flowing into diamond exploration, at least not from Canada.
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