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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.
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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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