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April 15, 2014
06:34 EDTDDCDominion Diamond reports processing volume in Q1 increased 17% YoY
Dominion Diamond reports that in the first calendar quarter of 2014, the Diavik Diamond Mine saw continuing strong performance. During the first calendar quarter of 2014, the Diavik Diamond Mine produced 1.9M carats from 600,000 tonnes of ore processed compared to 1.9M carats from 500,000 tonnes of ore processed in the comparable quarter of the prior year. Processing volumes in the first calendar quarter of 2014 were 17% higher compared to the same quarter of the prior year as a result of continuing improvements in mining rates as the underground ramp up progressed to full production from all three kimberlite pipes. Carat production from first quarter 2014 was 4% lower compared to the comparable quarter of the prior year, primarily as a result of mining and processing a greater proportion of the lower grade A-154 North ore.
News For DDC From The Last 14 Days
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November 26, 2014
18:24 EDTDDCDominion Diamond reports approval for A-21 pipe at Diavik
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November 20, 2014
17:13 EDTDDCDominion Diamond reports Q3 revenue $222.3M vs. $148.1M in 3Q14
17:07 EDTDDCDominion Diamond's Ekati and Diavik diamond mines exceed Q3 production targets
Dominion Diamond reported that the Ekati Diamond Mine and the Diavik Diamond Mine performed exceptionally well in Q3. In Q3, total ore processed was 1.14M tons and 975K carats, an average grade of 0.85 carats7ton.
07:18 EDTDDCDominion Diamond CEO Takes Medical Leave
Dominion Diamond announces that the board of directors has granted Robert Gannicott, Chairman and CEO, medical leave of absence to undergo important treatment which is expected to continue until mid- February next year. While Gannicott is undergoing treatment, current lead director and long standing board member Dan Jarvis will assume the role of Acting Chairman and will be supported in this role by Audit Committee Chairman Ollie Oliveira. During this period, Brendan Bell, currently EVP, will assume the role of Acting CEO.
November 17, 2014
08:40 EDTDDCDominion Diamond management to meet with UBS
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