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by Will Purcell

The diamond and specialty minerals stocks box score for Wednesday was a positive 73-57-133. The TSX Venture Exchange gained two points to 783 while polished diamond prices were flat. Matt Manson's Stornoway Diamond Corp. (SWY) gained one cent to 78 cents on 1.06 million shares. The company has been quietly mining diamonds at Renard, in north-central Quebec. It is also trying to avoid breaking some of its larger gems.

Raymond Boulle and Sybrand van der Spuy's Diamond Fields International Ltd. (DFI), unchanged at 10 cents on 18,000 shares, intends to stick with its marine diamond project off the coast of Namibia. After a year of inaction, the company says that its key mining licence, ML 111, will be renewed by the Namibian government, or at least it will if Diamond Fields fulfils a few conditions. One of the hurdles is that the company must complete a renewed environmental impact assessment of its plans. The other requires that locals own at least 5 per cent of the company's subsidiary that holds the licence. Mr. van der Spuy, president and chief executive officer, says that his company intends to comply with the conditions before the Nov. 20 deadline.

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