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by Will Purcell

The diamond and specialty minerals stocks box score for Thursday was a poor 57-76-157. The TSX Venture Exchange fell two points to 690 while polished diamond prices edged lower. Ken MacNeill and George Read's Saskatchewan diamond promotion, Star Diamond Corp. (DIAM), gained 2.5 cents to 29.5 cents on 907,000 shares. The company and Rio Tinto PLC are on the first of several bulk sampling holes into the Star pipe in central Saskatchewan. Mark Smith's Largo Resources Ltd. (LGO) dropped 16 cents to $3.64 on 1.75 million shares. The company's Maracas Menchen vanadium mine in Brazil is running well consistently, but its stock, $4.25 one day last week and $3.17 the next, has been erratic lately.

Lukas Lundin and Eira Thomas's Lucara Diamond Corp. (LUC) rose three cents to $2.15 on 1.04 million shares. The company, which has been reaping big profits from sales of rough diamonds from its Karowe diamond mine in Botswana for the past five years, expects that its venture into marketing rough diamonds using a proprietary system will fare as well. Earlier this year, Lucara issued 13.1 million shares to acquire Clara Diamond Solutions Corp. from a group that included Ms. Thomas, Lucara's president and chief executive officer. The vendors will also collect 20 per cent of earnings before interest, taxes, depreciation and amortization generated by Clara, to an annual maximum of $25-million (U.S.).

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