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by Will Purcell
The diamond and specialty minerals stocks box score for Wednesday was a weak 44-60-161. The TSX Venture Exchange slumped 12 points to 896 while polished diamond prices tumbled 3 per cent. Robert Gannicott's Dominion Diamond Corp. (DDC) rose again today despite the slump, gaining 24 cents to $16.15 on 258,000 shares. Dominion will reveal its third-quarter production statistics at Diavik and Ekati within two weeks. The summer is often their best quarter, although much of the mining now occurs underground away from the perils of an Arctic winter. Details of expansions planned at both mines are also expected soon. Jean-Sebastien Lavallee's Canada Strategic Metals Inc. (CJC) gained one-half cent to seven cents on 1.27 million shares. It has granted Paul Gill's Lomiko Metals Inc. (LMR: $0.075) an option to earn a 40-per-cent interest in its La Loutre graphite project in Quebec. Lomiko must spend $500,000 on exploration within a year. La Loutre has produced high-grade grab samples of flake graphite and large-flake material has been upgraded to 100-per-cent purity.
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