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by Will Purcell

The diamond and specialty minerals stocks box score for Friday was an upbeat 64-54-148. The TSX Venture Exchange gained 11 points to 676 while polished diamond prices slipped 0.1 per cent. Pierre Leveille's foundering Afri-Can Marine Minerals Corp. (AFA) closed unchanged at one-half cents on 2.12 million shares. The company defaulted this summer on an option to earn a 90-per-cent interest in ML-111 and three other concessions off the coast of Namibia from Diamond Fields International Ltd. (DFI: $0.015). Afri-Can has a few of its own concessions nearby but it is still broke. Roy Bonnell's Argex Titanium Inc. (RGX) lost three cents to 48 cents on 655,000 shares. Argex has an off-take deal to sell 25,000 tonnes of titanium oxide per year once its "first industrial-sized plant" in Quebec "reaches a certain capacity," hopefully in 2017. Argex will first have to raise a certain amount of cash -- nearly $250-million according to a now dated feasibility study -- to build its plant.

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