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RAPAPORT... Peregrine Diamonds Ltd. joined the Diamond Bourse of Canada and is being represented by Jennifer Pell, the mining company's chief geoscientist. Peregrine is the first junior mining company to become a bourse member. Diamond major De Beers Canada is also a member.
"We look forward to working with Peregrine and wish them every success in their pursuit of diamonds in Canada," said the bourse's president, David Gavin.
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 noted that it 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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