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by Will Purcell

The diamond and specialty minerals stocks box score for Wednesday was a weak 99-78-133 as the TSX Venture Exchange slid 12 points to 943. Adam Lundin and Dr. William Lamb's Lucara Diamond Corp. (LUC) soldiers on at its Karowe mine in Botswana, where it hopes stockpiles and remnant open-pit ore can last until its big underground expansion is ready in 2028. Lucara lost one-half cent to 18.5 cents on 91,000 shares today.

Robin Goad's Fortune Minerals Ltd. (FT) rose one-half cent to 9.5 cents on 2.64 million shares. The company has hired P&E Mining Consultants Inc. to complete an updated reserve estimate and to prepare a new mine plan and production schedule for a feasibility study of a proposed Nico mine in the Northwest Territories and a dedicated hydrometallurgical facility to be built in central Alberta, northeast of Edmonton.

Nico and feasibility are well acquainted -- long-lost buddies one might say. The project first cleared feasibility 11 years ago, and while it was to be updated in 2018 -- and then in 2019 and 2020 -- the revision was never fully completed for a myriad of reasons, ranging from changes of plans to COVID-19. No matter: Mr. Goad, president and chief executive officer, says that Fortune is scrapping some proposed variations and will be "reverting to the 4,650-tonne-per-day mill throughput rate" proposed in the 2014 study.

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