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Star Diamond Corporation is a Canadian company specializing in diamond exploration, development, and production, with its operations primarily situated within Canada. Its principal mineral holdings encompass the Star Kimberlite and Orion South Kimberlite properties, both located in Saskatchewan's Fort à la Corne area. Additionally, the company possesses a 50% interest in the Buffalo Hills project, found in north-central Alberta. Established in 1985, the corporation was formerly known as Shore Gold Inc. before officially rebranding as Star Diamond Corporation in February 2018. Its corporate headquarters are located in Saskatoon, Canada.

Star Diamond Corporation (DIAM:CA) Shareholder/Analyst Call Prepared Remarks Transcript

VANCOUVER, Canada--(BUSINESS WIRE)--Rio Tinto Exploration Canada Inc. (“RTEC”) is pleased to announce that it has acquired 108,204,112 common shares in the capital of Star Diamond Corporation (“SDC”) in exchange for all of its interest in the Fort à la Corne joint venture (“FalC JV Interest”). As a result, RTEC currently owns or controls, in the aggregate, 119,315,222 common shares representing a 19.9% interest in SDC. The acquisition was completed on March 26, 2024 pursuant to an exit agreemen.

(Kitco News) - Star Diamond called the agreement a step forward.