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Stock Market & Financial Investment News

News Breaks
July 16, 2014
06:34 EDTDDCDominion Diamond reports Diavik Mine Q2 production up 17% to 0.62M tonnes
Processing volumes in Q2 were 17% higher than compared to the same quarter of the prior year as a result of improvements in the mining rates as the underground ramp up progressed throughout 2013 to full production from all three kimberlite pipes, and improvements in the availability and utilization of the processing plant. The 38% increase in diamonds recovered in Q2 was the result of a combination of higher realized grades in all three ore bodies, and a higher volume of ore processed.
News For DDC From The Last 14 Days
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December 12, 2014
05:24 EDTDDCDominion Diamond intents to initiate a dividend in April
Dominion Diamond announced that it intends to initiate a dividend following the release of its year-end results in April with the amount to be determined at that time.
05:23 EDTDDCDominion Diamond sees 1.6M carats recovered from Ekati Diamond Mine
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05:17 EDTDDCDominion Diamond sees FY14 Diavik Diamond Mine production about 6.9M carats
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05:12 EDTDDCDominion Diamond reports Q3 EPS 30c, consensus 32c
Reports Q3 revenue $222.3M, consensus $252.89M. Reports 975,000 carats recovered at Ekati Diamond Mine during Q3. Reports 669,000 carats recovered at Diavik Diamond Mine during Q3. For Q3, diamond production at the Ekati Diamond Mine was substantially ahead of plan due to higher than expected grades coupled with operational improvements to the processing plant implemented by the company over the last 13 months. At the Diavik Diamond Mine, processing volumes in Q3 were 2% higher than the prior year's comparable quarter. Diamonds recovered in the third calendar quarter at the Diavik Diamond Mine were consistent with the same quarter of the prior year. Through the third quarter, initiatives associated with improving availabilities, removing plant bottlenecks and increasing utilization of equipment were maintained, which have contributed to the significant improvement in tonnage processed and carats recovered on a year-to-date basis. On the mining front, continued efforts around mining equipment and shift utilization and increasing payload on equipment translated into better than expected ore production.
December 11, 2014
18:33 EDTDDCDominion Diamond reports Q3 EPS 30c, consensus 27c
Reports Q3 revenue $222.3M vs. $148.1M a year ago.
15:13 EDTDDCNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Adobe Systems (ADBE), consensus 30c; Quiksilver (ZQK), consensus (11c); Nordson (NDSN), consensus $1.13; Dominion Diamond (DDC), consensus 27c.
December 9, 2014
10:23 EDTDDCOn The Fly: Analyst Initiation Summary
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06:16 EDTDDCDominion Diamond initiated with a Buy at Citigroup
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