Star Diamond Corporation
SHGDF
Other OTC0.02
USD
- -
- -
ISIN
CA85511Y1088
CUSIP
85511Y108
Return %
Stock
S&P500
1Y
-47.02
26.53
3Y
-71.43
76.60
5Y
-91.30
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Lester Kemp
- Full Time Employees
- 6
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- 600, 224 - 4th Avenue South Saskatoon SK Canada S7K 5M5
- IPO Date
- Dec 12, 2005
- Website
- stardiamondcorp.com
- Similar Companies
- Business
- Star Diamond Corporation is a Canadian natural resource company focused on the acquisition, exploration, and development of diamond resources, primarily through its 100% interest in the Fort à la Corne mineral properties in central Saskatchewan, Canada, including the Star-Orion South Diamond Project, the largest undeveloped diamond deposit in the world; and its 100% interest in the Buffalo Hills Diamond Project located approximately 400 kilometres northwest of Edmonton, Alberta, Canada. The company's core activities encompass geological modeling, pattern core drilling, large diameter drilling, microdiamond and macrodiamond analyses, bulk sampling, diamond recovery and valuation, mineral resource estimation, and preliminary economic assessments for open-pit diamond mining operations; with the Star-Orion South Diamond Project featuring indicated mineral resources of 71.7 million carats across the Star (34.8 million carats at 19.4 carats per hundred tonnes) and Orion South (36.9 million carats at 17.9 carats per hundred tonnes) kimberlites, constrained within Whittle optimized pit shells, and supported by a 2018 Preliminary Economic Assessment estimating 66 million carats recoverable over a 38-year life at a post-tax NPV (7%) of $2.0 billion and IRR of 19%. These properties benefit from proximity to established infrastructure, including paved highways, gravel roads, and the electrical power grid, facilitating potential future mine development, while the Buffalo Hills Project covers 4,800 hectares with 21 mineral leases over 38 kimberlite bodies, 26 of which are diamond-bearing. Founded in 1985 and headquartered in Saskatoon, Saskatchewan, Star Diamond Corporation operates exclusively in Canada, targeting the exploration and evaluation of kimberlite-hosted diamond deposits in the Fort à la Corne diamond district and Buffalo Hills Kimberlite District for potential commercial diamond production. In recent developments, the company completed the acquisition of Rio Tinto Exploration Canada's 75% interest in the Fort à la Corne Joint Venture in March 2024, achieving 100% ownership of the properties; announced a revised Mineral Resources Estimate in July 2024 showing significant increases in indicated resources and grades for Star and Orion South kimberlites; closed a transformative C$4 million private placement of 133.3 million units with Spirit Resources s.a.r.l. (affiliated with Jean-Raymond Boulle) in August 2025, alongside conversion of convertible promissory notes and election of two new directors (Al Gourley and Wayne Malouf); engaged Misty Clifton and SGS in September 2025 to conduct a Pre-Feasibility Study on the Star-Orion South Diamond Project, incorporating the 2024 resource update and targeting completion in Q4 2026; and announced the retirement of President and CEO Ewan Mason effective November 20, 2025.
Star Diamond Corporation (DIAM:CA) Shareholder/Analyst Call Prepared Remarks Transcript
RTEC announces sale of interest in the Fort à la Corne Joint Venture to Star Diamond Corporation
Star Diamond and Rio Tinto put 'differences in the past'