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by Will Purcell

The diamond and specialty minerals stocks box score for Wednesday was a so-so 80-81-149 as the TSX Venture Exchange rose five points to 620. Dean Taylor's Diamcor Mining Inc. (DMI) was unchanged at 14 cents on 94,000 shares.

Diamcor continues to plod along with its glacial but relentless effort to ramp up trial mining at Krone-Endora at Venetia to the dreamy production rates long touted by Mr. Taylor, president and chief executive officer. Diamcor acquired Krone-Endora from De Beers nearly 15 years ago at a Great Recession-driven fire-sale price. For the past decade it has been trial mining the alluvial and eluvial diamonds that washed or slid away from the top of De Beers's huge and rich Venetia kimberlite.

At last report, Diamcor has quarried recovered and sold nearly 200,000 carats from Krone-Endora, selling them for just short of $38-million (U.S.), an average of $190 (U.S.) per carat. The revenue is pleasing -- about $46-million in Canadian dollars -- but Diamcor incurred nearly $38-million in operating expenses and its resulting cumulative loss now stands at just over $33-million since the digging began in 2012.

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