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by Will Purcell

The diamond and specialty minerals stocks box score for Friday was a positive 59-54-144. The TSX Venture Exchange lost three points to 760 while polished diamond prices edged lower. Rick Wilson's Nevada Energy Metals Inc. (BFF), up one-half cent to two cents on 4.75 million shares yesterday, was unchanged at two cents on 2.44 million shares today, concluding its busiest two-day stretch on record. There has been no news since May, but like most Howe Streeters, Mr. Wilson and his crew say they are hard at work.

Dermot Desmond and David Whittle's Mountain Province Diamonds Inc. (MPVD), up 15 cents to $4.84 on 119,000 shares, is producing more diamonds at Gahcho Kue than projected. That encouraging news is still offset by the lower than projected prices those diamonds have been fetching. As well, a lack of information about the operating cost at Canada's newest diamond mine, which was declared to have reached commercial production at the start of March, is perhaps a concern. Nevertheless, the abundant carat crop could bode well for the company's finances, which have been under stress this year thanks to added capital costs and lower than projected revenue.

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