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by Will Purcell

The diamond and specialty minerals stocks box score for Monday was a humdrum 76-85-149 as the TSX Venture Exchange rose three points to 548. Ewan Mason and George Read's Star Diamond Corp. (DIAM) lost one-half cent to 4.5 cents on 470,000 shares as the company drifts along in a quiet news period. Yes, there is plenty going on behind the scenes, one suspects, as Star beavers away on a prefeasibility study based on an updated resource estimate revealed in late July. Unfortunately, that study will be the next big news, and it is about a year away.

Late last week, Mr. Mason, chairman and chief executive officer, and Mr. Read, senior vice-president of corporate development, cheered that the new resource estimate would lead to a re-evaluation of the mineral reserve for the Orion South and Star kimberlites, a key step in developing a "reoptimized open-pit mine plan for the project." The re-evaluating and reoptimizing, they say, "will be completed in 2024-2025" and will result in the updated prefeasibility study.

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