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by Will Purcell
The diamond and specialty minerals stocks box score for Tuesday was a cheerful 104-61-145 as the TSX Venture Exchange surged 15 points to 636. Alphamin Resources Corp. (AFM) added four cents to 96 cents on 2.29 million shares. Alphamin, a heretofore successful tin miner in the eastern wilds of the Democratic Republic of the Congo (DRC), has stabilized at a new, lower range. Alphamin's stock spent the past two months near $1.10, but it slid as low as 72 cents on word of a new bout of mayhem in the troubled country.
Late last month, Rwanda-backed rebels overran Goma, the capital of North Kivu, the DRC province hosting Alphamin's Bisie mine. The good news is that Bisie is about 180 kilometres to the west of Goma and the city is not on Alphamin's transportation route. Nonetheless, the activity drew a travel warning from the United States Department of State, which cited risks of armed conflict, crime, civil unrest, kidnapping and terrorism.
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