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by Will Purcell
The diamond and specialty minerals stocks box score for Monday was a mediocre 58-62-143. The TSX Venture Exchange gained eight points to 757 while polished diamond prices edged higher. Peter Dasler's Canalaska Uranium Ltd. (CVV), $1.55 earlier this week, dropped another 14 cents to $1.10 on 413,000 shares. The stock has had a good spring after it landed De Beers Canada as a partner on its Athabasca diamond project in Northern Saskatchewan. There has been no news to account for the sudden slump.
Jean-Raymond Boulle's Diamond Fields International Ltd. (DFI: $0.02) has begun work on its ML-111 diamond concession off the coast of Namibia. The work is being completed by International Mining and Dredging Holding Pty. Ltd. (IMDH), which earned a 50-per-cent interest in the project earlier this year by completing two phases of a four-phase program. That work involved geophysics and test sampling. The third phase, according to the agreement between IMDH and Diamond Fields, involves bulk sampling leading to a resource estimate for ML-111.
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