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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a positive 42-40-153 as the TSX Venture Exchange rose fractionally to 508. Polished diamond prices drifted lower. Matt Manson's Stornoway Diamond Corp. (SWY), 66 cents two weeks ago, closed unchanged at 76 cents on 992,000 shares. The company expects to reach production at its $860-million Renard diamond mine in Quebec late this year.

Johan Grandin's iMetal Resources Inc. (IMR), unchanged at four cents on 7,000 shares, says it is "re-emerging with a new focus on discovering world-class mining assets, led by a new management team." (New seems a stretch: Mr. Grandin replaced Graeme Rowland as CEO in late 2013. World-class is also a stretch, as the company's Carheil graphite project near Val d'Or has been kicked about for decades.) Meanwhile, iMetal still insists it will actively explore for diamonds at Temagami North, in Northeastern Ontario.

Donald Huston's Cypress Development Corp. (CYP), unchanged at 5.5 cents on 12,000 shares, can acquire a 100-per-cent interest in a 520-hectare lithium brine property in the Clayton Valley region of Nevada. The property is "immediately southeast" of the Silver Peak lithium brine mine and shares a boundary to the "immediate west" of a property being worked by Pure Energy Minerals Ltd. (PE: $0.57). (The latter claim of immediacy is more accurate than the former: Cypress's new play abuts Pure Energy's resource estimate for its North area, while the producing Silver Peak mine is a few kilometres to the northwest.)

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