Archangel Diamond Corporation declared that the TSX Venture Exchange has notified that Corporation that it will transfer its share trading activity from the TSX Venture Board to the NEX Board effective at the opening on Wednesday, July 8, 2009. The shares will trade under the symbol “AAD.H”. For full story, click here
BRC Diamondcore may delist from the Toronto Stock Exchange. The junior diamond mining company announced that it has until May 28, 2009, to comply with the exchange’s listing requirements. For full story, click here
With the holiday season behind us, now is the time diamond miners and retailers should have full pockets and empty shelves. However, with the holiday season of ’08 coming on the back of economic catastrophe, countries across the globe are reporting stark numbers for diamond exports and imports.
Diamonds could very well represent the next safe haven for investors, much like gold and silver, as investors flee the financial markets for more secure investments.
Panama is constructing Latin America’s first diamond exchange expected to be recognized by the World Federation of Diamond Bourses, to meet the new demand for diamond in the region. For full story, click here
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