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October 16, 2012
06:47 EDTHWDHarry Winston reports Q3 production results for the Diavik Diamond Mine
Harry Winston Diamond reports that in the Q3, the Diavik Diamond Mine produced 1.93M carats from 520,000 tonnes of ore processed, as compared to 1.93M carats from 640,000 tonnes of ore processed in the comparable quarter of the prior year. The 19% decline in ore processed in the quarter was due to a shift in production from the lower grade, lower value A-418 open pit to higher grade and higher value ore from the underground mining of the A-154 pipes. Open pit mining of the A-418 kimberlite pipe concluded in September, although processing of open pit ore from the A-418 kimberlite pipe will continue into the Q4.
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