Diamond & Specialty Minerals Summary for Feb. 26, 2018

By Will Purcell / February 27, 2018 / www.stockwatch.com / Article Link

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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a so-so 76-89-125. The TSX Venture Exchange rose fractionally to 826 while polished diamond prices rose 0.2 per cent. Randy Turner's Canterra Minerals Corp. (CTM) gained one cent to 3.5 cents on 126,000 shares. The company, which has several diamond projects in the Northwest Territories and Alberta, has been silent since November and has been essentially inactive for the past year.

Lukas Lundin's Lucara Diamond Corp. (LUC), up 36 cents to $2.49 on 7.01 million shares, has shuffled its management. Mr. Lundin, who founded the company 12 years ago to develop diamond projects in Lesotho and Botswana, says that the West Vancouver-based Dr. William Lamb is retiring as chief executive officer and is stepping down as a director. His replacement will be Eira Thomas. Ms. Thomas played a key role when Mr. Lundin founded Lucara in 2006, helping arrange the acquisition of the Mothae project in Lesotho. She has also been a director for the past nine years.

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