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by Will Purcell

The diamond and specialty minerals stocks box score on Thursday was a so-so 90-86-134 as the TSX Venture Exchange added three points to 591. Ewan Mason and George Read's reawakening Saskatchewan diamond explorer, Star Diamond Corp. (DIAM), continues to slumber in the market, dropping one-half cent to 8.5 cents on just 28,000 shares today.

Darrin Campbell's Namibia Critical Metals Inc. (NMI) lost one-half cent to 4.5 cents on 3,000 shares. The company has updated the resource estimate for the Lofdal heavy rare earth elements deposit in Namibia -- a long-running promotion now being worked under a joint venture agreement with Japan Organization for Metals and Energy Security (JOGMEC). (JOGMEC has a 40-per-cent interest, but it is spending toward earning a 74-per-cent share of Lofdal.)

Lofdal is now credited with 58.5 million tonnes measured and indicated at 0.16 per cent total rare earth oxides (TREO) and 14.9 million tonnes inferred at 0.14 per cent, both with a cut-off of 0.1 per cent. The grades are slightly lower than when the Lofdal resource was last calculated three years ago, but the tonnages are higher, resulting in a 37-per-cent increase in the TREO content. Yes, the grades are drearily modest, but Lofdal hosts encouraging amounts of the rarest of the rare earths, and the company points to increases in the content of two of the pricier ones -- dysprosium and terbium.

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