Peregrine Joins Diamond Bourse of Canada

Rapaport reported that Peregrine Diamonds Ltd. (TSX:PGD) has joined the Diamond Bourse of Canada. It’s the first junior miner to become a member of the bourse and is being represented by its chief geoscientist, Jennifer Pell.

David Gavin, the bourse’s president, commented:

We look forward to working with Peregrine and wish them every success in their pursuit of diamonds in Canada.

As quoted in the market news:

Gavin added that many of the Canadian mines that are moving into the production stage in the next few years are located in the Northwest Territories and Peregrine is very well-positioned to contribute to the world’s diamond supply in the years to come.

The Diamond Bourse of Canada supports and facilitates the trading of diamonds and gemstones within Canada and provides the Canadian diamond industry with a distinct center that organizes secondary diamond-market activities.

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