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by Will Purcell

The diamond and specialty minerals stocks box score for Friday was a pleasant 55-40-152. The TSX Venture Exchange gained five points to 691 while polished diamond prices fell another 0.5 per cent. Jean-Raymond Boulle's Diamond Fields International Ltd. (DFI) jumped four cents to five cents on 290,000 shares after an anonymous buyer purchased nearly 250,000 shares at an average of 3.3 cents. There is no news to account for the enthusiasm. Diamond Fields has done little over the past few years but it is touting a plan to resurrect its marine diamond mining venture off the coast of Namibia. Jay Chmelauskas's Western Lithium USA Corp. (WLC) gained three cents to 80 cents on 794,000 shares. The company plans to sell $3.4-million (U.S.) in convertible debentures for its Kings Valley lithium project in Nevada.

Chris Taylor's Dunnedin Ventures Inc. (DVI), unchanged at seven cents on 60,000 shares, has received land use permits from the Kivalliq Inuit Association for its Kahuna diamond project, northeast of Rankin Inlet in Nunavut. Mr. Taylor, CEO, says the permits will allow Dunnedin to complete important preparatory fieldwork this summer, which "will facilitate a bulk sampling program" scheduled for winter. Getting the locals' permission is usually the most daunting challenge for diamond explorers, but Dunnedin will face a bigger hurdle later this year -- financing its planned mini-bulk test of at least 500 tonnes. (The previous owner, Pamela Strand and Julie Lassonde's now defunct Shear Diamonds Ltd., spent several million dollars collecting a similar test of the Kahuna dike in 2007.)

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