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by Will Purcell

The diamond and specialty minerals stocks box score on Friday was a weak 62-94-154 although the TSX Venture Exchange rose one point to 552. Paul Zimnisky's global rough diamond price index continued what now appears to be a methodical rise, reaching 156.4 points this week, a 0.3-per-cent rise from the 155.9 points where it sat a week ago. Last week's value was unchanged by late-to-arrive data, but tardy information in recent weeks did serve to straighten Mr. Zimnisky's upward curve.

The index continues to show that rough prices bottomed in mid-October at 152.2 points, and in the three months since then, Mr. Zimnisky has charted a gain of 4.2 points, a rise of nearly 2.8 per cent. While Mr. Zimnisky still puts a horizontal dashed line on the right side of his chart to highlight that prices have flattened, it now serves to accentuate a more energetic rise that began in early December. Indeed, nearly all the three-month rise occurred within the last six weeks.

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