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by Will Purcell

The diamond and specialty minerals stocks box score for Wednesday was a weak 72-107-131 as the TSX Venture Exchange rose fractionally to 534. Ewan Mason's Star Diamond Corp. (DIAM) closed unchanged at eight cents on a mere 6,000 shares. The company has sailed past another self-set target for dissolving its once desired and hard-to-come-by joint venture with Rio Tinto Exploration Canada Inc. (RTEC) covering the FalCon diamond project in central Saskatchewan.

The arrangement was confirmed late in 2021 after two years of frantic spending by RTEC and another two years of bickering between the two parties. Just six months later, RTEC shocked its partner -- and the market -- with word that it was mothballing the project and wanted out of the deal. Fifteen months have now passed without a formal separation agreement despite regular assurances from Mr. Mason, Star's chairman and interim chief executive officer, that a settlement was imminent.

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