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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a so-so 71-75-132. The TSX Venture Exchange fell five points to 794 while polished diamond prices edged lower. Dermot Desmond's Kennady Diamonds Inc. (KDI), $2.48 at one point today, dropped 10 cents to $2.80 on 28,000 shares. The company filed its technical report today that detailed previously revealed resource estimates for two Faraday pipes at its Kennady North project in the Northwest Territories.

Samer Khalaf and Terry Tucker's Tango Mining Ltd. (TGV), unchanged at four cents on 215,000 shares, has resumed production at its Oena alluvial diamond mine in South Africa. The mining is being performed by Bluedust 7 Proprietary Ltd., which is providing and maintaining the required equipment to mine the alluvial gravels in exchange for a 75-per-cent share of the gross income of net diamond sales, less commission, over the five-year term of the contract. (Bluedust will get a bit less -- 70 per cent of gross income -- for any diamonds worth more than $500,000 (U.S.).)

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