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by Will Purcell

The diamond and specialty minerals stocks box score for Thursday was a poor 43-61-145 as the TSX Venture Exchange rose fractionally to 705. Polished diamond prices inched upward. Robert Gannicott's Dominion Diamond Corp. (DDC) gained 36 cents to $22.77 on 471,000 shares. Dominion's stock has surged thanks to good diamond recoveries and new diamond sources at its Diavik and Ekati mines, prompting the company to reinstitute a dividend. Marc LeVier's Great Western Minerals Group Ltd. (GWG) hit bottom, falling one-half cent to one-half cent on 5.85 million shares. The company needs to renegotiate a $90-million (U.S.) bond issue as it cannot pay the interest.

Dean Taylor's Diamcor Mining Inc. (DMI), down three cents to $1.36 on 3,000 shares, is hoping for large diamonds from its Krone-Endora at Venetia diamond project in South Africa. (The deposit was called Krone Endora when De Beers sold it to Diamcor for about $2-million in 2009; Mr. Taylor appended the "at Venetia" to remind investors that his alluvial project is downslope from the rich Venetia kimberlite.) Diamcor has long thought its project hosts big diamonds and it has expanded its initial cut-off screen twice as a result. The latest expansion will allow Diamcor to process material larger than 26 millimetres. That could produce diamonds larger than 100 carats, assuming any are present.

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