After closing a C$50 million alternative diamond sale deal in June with Dunebridge Worldwide, company is proposing to double the value of the sales agreement to C$100 million.

Sprott has reduced his stake in the company to just 0.2% from 11.24% earlier this year.

Production is expected to start in the Q4 2020.

Beginning in October, the luxury retailer will provide expanded origin details for newly sourced, individually registered diamonds.

A case was laid against Mark Munroe in April for allegedly contravening lockdown rules by calling non-essential workers back to work.

If permitted, the proposed mine would become the only domestic source of antimony in the US.