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by Will Purcell

The diamond and specialty minerals stocks box score for Tuesday was a bleak 49-72-145. The TSX Venture Exchange lost one point to 734 while polished diamond prices slid 0.5 per cent. Dermot Desmond and Patrick Evans's Mountain Province Diamonds Inc. (MPV) lost four cents to $6.68 on 228,000 shares. The company and De Beers Canada are ramping up their Gahcho Kue mine, and Mountain Province is amassing its share of diamonds for its first sale in January. Larry Reaugh's American Manganese Inc. (AMY) gained one-half cent to 30 cents on 1.61 million shares. The company's exploration plays are on hold but it is touting plans to recycle lithium-ion electric vehicle batteries.

Jean Raymond Boulle's Diamond Fields International Ltd. (DFI), unchanged at 13 cents on 1,000 shares, and International Mining and Dredging Holding Ltd. (IMDH) have sold 17,936.5 carats of diamonds from the ML-111 concession off the coast of Namibia for $4.73-million (U.S.). The average price, nearly $264 (U.S.), seems encouraging at first glance, but the co-venturers say that 8,975 other carats "have been sealed in Antwerp for future sale," a bit of bafflegab indicating that nearly one-third of the 26,912 carats available for sale after cleaning went unsold.

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