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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a disappointing 53-80-132. The TSX Venture Exchange gained one point to 747 while polished diamond prices fell 0.2 per cent. Dominion Diamond Corp. (DDC) gained 14 cents to $11.89 on 283,000 shares. The company will release its third quarter financials on Dec. 8. The market already knows not to expect much, as a fire at Ekati cost the company about three months of production.

Terry Tucker's Tango Mining Ltd. (TGV), down one-half cent to two cents on 1.78 million shares, says it will immediately recommence bulk sampling at its Oena alluvial diamond project along the Orange River in northwestern South Africa. The company has hired a contractor, AMRS, to do the work. AMRS will receive up to 20 per cent of the "gross income of net diamond sales," less state royalties over the two-year contract. (Bulk sampling in Africa is often called "trial mining" -- a synonym for "let's see how this goes" -- so the two-year program could morph into a real mine if all goes well.) Then again, bulk sampling at Oena has been an on-again, off-again affair for the past two years, since Tango acquired a 51-per-cent interest in Kwena, the group of companies that own the project. (Tango recently increased its interest in Kwena to 74 per cent.)

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