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DIAMONDS

Dominion reports maiden resource for Ekati’s Misery pit, new mine plan

Ekati, NT Canadian precious gem miner Dominion Diamond on Monday said it had promoted new material found at the Ekati mine’s Misery pit, in Canada’s Northwest Territories to the inferred resource category, adding five-million carats of rough diamonds to...
21st July 2014
 
DIAMONDS

A year after buying Ekati, Dominion Diamond’s sales soar

Ekati, Northwestern Territories. Canadian precious gem miner Dominion Diamond Corp on Thursday reported a 61% year-on-year rise in revenue during its fiscal 2015 first quarter that ended April 30, boosted by improved output from the Ekati mine. TSX- and NYSE-listed Dominion...
12th June 2014
 
RENEWABLE ENERGY

Mining companies urged to add renewables to energy profiles

In the current climate of economic headwinds, squeezed margins and stubborn overheads, mining companies continue to examine all aspects of expenditure in the hope of making savings. Energy consumption is one of the greatest costs, particularly...
3rd June 2014
 
DIAMONDS

Dominion Diamond Corp lifts Q1 sales, ahead of targets

Ekati Canadian miner Dominion Diamond Corp on Tuesday reported total sales of C$175.5-million from selling 841 000 ct from its Ekati and Diavik diamond mines, in Canada’s Northwest Territories, during the first quarter that ended on April 30. The...
20th May 2014
 
DIAMONDS

Dominion Diamonds swings to Q4 net loss

Canadian precious gem miner Dominion Diamond Corp on Wednesday reported its third consecutive loss-making quarter for 2013, booking a net loss attributable to shareholders of $7.8-million, or $0.09 a share, for the three months ended January 31....
3rd April 2014
 
DIAMONDS

Dominion Diamonds updates Diavik and Ekati mine plans

Canadian precious gem producer Dominion Diamond Corp on Monday afternoon said that in 2014, it planned to produce about 7% fewer carats from the Diavik mine, in Canada’s Northwest Territories, while operating costs were expected to drop 16% as...
4th February 2014
 
DIAMONDS

Rio Tinto cuts 78 jobs at WA diamond mine

Mining giant Rio Tinto has confirmed that it would cut some 78 contractors from the workforce at its Argyle diamond mine to lower its costs. A spokesperson told Mining Weekly Online that the contractors were part of a temporary construction...
22nd July 2013
 
DIAMONDS

Rio Tinto opts to keep diamond businesses

Diversified giant Rio Tinto has decided to hold fast to its diamonds business, with the miner saying on Monday that a strategic review had concluded that this was the best option. Rio diamonds and minerals CEO Alan Davies said that it had...
24th June 2013
 
DIAMONDS

Dominion Diamond Corp records bumper Q1 net profit

Precious gems producer Dominion Diamond Corp has reported a bumper net profit for the first fiscal quarter of 2014, buoyed by the sale of its luxury brand segment. For the quarter ended April 30, Dominion recorded a consolidated net profit...
6th June 2013
 
DIAMONDS

Dominion Diamond raises expected 2013 gem production

Canadian miner Dominion Diamond on Friday raised the expected precious gem output on a 100% basis from its 40%-owned Diavik mine, for this year, by 11% to 6.6-million carats, as it planned to process more of the stockpiled ore. Dominion said the...
10th May 2013
 
DIAMONDS

Dominion Diamond reports significantly higher production at Diavik

TSX- and NYSE-listed Dominion Diamond says total production from its 40% owned Diavik diamond mine rose by a fifth during the first three months of the year, mainly as a result of improved grades in each of the kimberlite pipes. Production at the...
16th April 2013
 
DIAMONDS

Dominion Diamond lifts Q4 sales as global demand improves

Canadian miner Dominion Diamond late on Wednesday reported increased diamond sales during the fourth quarter ended January 31, as global demand increased and prices were also higher. The company, which recently changed its name from Harry Winston...
4th April 2013
 
 
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