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by Will Purcell

The diamond and specialty minerals stocks box score for Friday was an upbeat 65-47-149. The TSX Venture Exchange gained five points to 1,017 while diamond prices slipped slightly. Andre Douchane's Mahdia Gold Corp. (MGD) gained three cents to six cents on 1.67 million shares. Mahdia hopes to mine alluvial gold and diamonds at Omai in central Guyana. Mr. Douchane claims progress. He says the western deposit is "finally operating continuously" -- expressing a hint of the frustration experienced by his backers. Mahdia's May production was lost when a flood swept away the material in its sluices, but the company and its partners managed a modest haul in June. Production had best pick up soon: Mahdia was over $9-million in the red on Feb. 28. Michael England's Caribou King Resources Ltd. (CKR) traded actively, gaining one cent to three cents on 2.74 million shares. It began the week at one cent. The company is pressing ahead with its Mulloy graphite play in Northern Ontario, where investors await drill results.

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