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by Will Purcell
The diamond and specialty minerals stocks box score for Monday was a mediocre 50-60-156. The TSX Venture Exchange gained one point to 777 while polished diamond prices inched upward. Robert Gannicott's Dominion Diamond Corp. (DDC) jumped 69 cents to $17.01 on 457,000 shares. The company has been doing well at Diavik and even better at Ekati, where results have been well above its original projections. Dominion has promised to reveal a preliminary study of a big new open pit mine at Jay before the end of the year. Richard Schler and Craig Scherba's Energizer Resources Inc. gained one cent to 18 cents on 2.00 million shares. The company is promoting plans for a big graphite mine at Molo, in Madagascar. It promises a feasibility study by the end of the year or early in 2015.
Robert Bick's Prima Diamond Corp. (PMD), down one-half cent to 5.5 cents on 10,000 shares, has yet to explore its Canadian diamond properties but it has found a vice-president of exploration to lead the work, should it raise exploration cash. Mr. Bick, CEO, says he had been searching for "just the right diamond expert" to lead Prima's exploration program since Prima acquired its "enviable inventory of diamond properties" four months ago. He says that his new man, Dr. Harrison Cookenboo, "fills the bill perfectly" in part because he was "intimately involved" with Gahcho Kue, where Mountain Province Diamonds Inc. (MPV: $5.22) and De Beers Canada expect to begin mining within two years.
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