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by Will Purcell

The diamond and specialty minerals stocks box score for Thursday was a weak 55-67-135. The TSX Venture Exchange lost two points to 799 while polished diamond prices were flat. Ken MacNeill and George Read's Shore Gold Inc. (SGF) closed unchanged at 24 cents on 427,000 shares. Shore has at least temporarily broken free of its 20-cent tether just ahead of its annual general meeting scheduled for the end of June. The rally has the company's retail shareholders hopeful that something good is finally afoot, but previous spring rallies were quick to peter out.

Jim Gowans's Dominion Diamond Corp. (DDC), up two cents to $17.43 on 84,000 shares, has completed a prefeasibility study of its Misery Deep project at Ekati. The study is based on an "inaugural probable reserve" of 1.8 million tonnes averaging 4.8 carats per tonne, for a total of 8.7 million carats. The study contemplates a $94-million (U.S.) underground mine beneath the current open pit that would enhance Ekati's production from 2019 to 2023; that is if the production decision expected next month is affirmative. Although Misery Deep would be mined over a four-year period, it would add just one year to the life of Ekati, pushing it out to fiscal 2035.

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