Guest: The Armstrong brothers

Brothers, John and Ken Armstrong, both high-profile professionals in the diamond mining industry, join Paul for a special three-way conversation on an array of diamond-related topics. The conversation begins with John and Ken sharing their background stories leading up to their current roles as Vice President of Lucara Diamond and CEO of North Arrow Minerals, respectively. Next, Paul, speculates that the recently imposed sanctions on Russian diamonds could stimulate new diamond project development in places like Canada, while John and Ken share their general views on the exploration picture for diamonds. Next, the group discusses diamond prices and John specifically shares his thoughts on the market for large, “exceptional,” diamonds that Lucara is known for producing. The conversation concludes with Ken discussing North Arrow’s 2,000-tonne bulk sample at the company’s the Naujatt project in Nunavut, Canada. (Disclosure: At the time of recording, Paul Zimnisky held a long equity position in Lucara Diamond and North Arrow Minerals).

Hosted by: Paul Zimnisky

Guest: The Armstrong Brothers

Guest plug: www.lucaradiamond.com, www.northarrowminerals.com

More information on PZDA’s State of the Diamond Market report: www.paulzimnisky.com/products

Show contact: [email protected] or visit www.paulzimnisky.com.

Please note that the contents of this podcast includes anecdotes, observations and opinions. The information should not be considered investment or financial advice. Consult your investment professional before making any investment decisions. Please read full disclosure at: www.paulzimnisky.com.