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by Will Purcell

The diamond and specialty minerals stocks box score for Friday was a disappointing 49-61-147. The TSX Venture Exchange gained six points to 777 while polished diamond prices recovered yesterday's 1-per-cent drop. Jim Gowans's Dominion Diamond Corp. (DDC) gained 22 cents to $16.68 on 265,000 shares. The company is running out of time to replace Brendan Bell as its chief executive officer, who leaves at the end of the month.

Ken MacNeill and George Read's Shore Gold Inc. (SGF), down 2.5 cents to 34 cents on 2.05 million shares, has signed two big deals covering its mammoth Star-Orion South diamond project in Saskatchewan. Shore has long said that it has been in talks with parties willing to help build its proposed $2-billion mine. While the arrangements will allow the project, essentially stalled since the late 2000s, to lurch forward again, it still leaves uncertain the matter of Shore's financing of its share of the project. That, and the dilution resulting from the deals, leaves Shore's loyal retail shareholders perplexed.

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