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by Will Purcell

The diamond and specialty minerals stocks box score for Thursday was a negative 41-49-148. The TSX Venture Exchange fell two points to 518 while polished diamond prices inched higher. Eric Friedland and Tom Peregoodoff's Peregrine Diamonds Ltd. (PGD), 12.5 cents at one point today, closed down one cent to 15.5 cents on 4.10 million shares after it proposed a rights offering to raise $7-million at 10 cents. Marcy Kiesman's Durango Resources Inc. (DGO) gained one-half cent to 6.5 cents on 357,000 shares. The company has become chatty about lithium lately. It said today it is acquiring more ground near the Whabouchi deposit in Northern Quebec.

Lukas Lundin and Dr. William Lamb's Lucara Diamond Corp. (LUC) leapt 49 cents to $2.10 on 5.86 million shares on word it recovered two more huge diamonds from the Karowe mine in Botswana, just a day after it uncovered an 1,111-carat monster. The two new white gems, weighing 813 carats and 374 carats, were described as adding to the company's roster of "incredible diamonds" mined from the prolific south lobe of Karowe. Dr. Lamb, president and chief executive officer, said he was "truly at a loss for words," then went on to prove he truly was not, adding that "this has been an amazing week for Lucara" with the recovery of the second and sixth largest gem diamonds ever mined. "We are truly blessed by this amazing asset," he concluded.

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