Mining luminary invests in top undeveloped diamond deposit | 2025-05-16 | Investing News

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  • Star Diamond (TSX:DIAM), owner of the world’s largest undeveloped diamond deposit, has raised C$4 million through a private placement and C$800,000 through an unsecured loan with Spirit Resources, a Luxembourg-based private investment company
  • Star Diamond is a Canadian-based acquirer, explorer and developer of mineral properties with a focus on diamonds in Saskatchewan
  • Star Diamond stock has given back 21.88 per cent year-over-year and 75 per cent since 2020

Star Diamond (TSX:DIAM), owner of the world’s largest undeveloped diamond deposit, has raised C$4 million through a private placement and C$800,000 through an unsecured loan with Spirit Resources, a Luxembourg-based private investment company.

Spirit is owned by Jean-Raymond Boulle, who previously served as chairman, founder and chief executive officer of Diamond Fields Resources, which discovered the Voisey’s…

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