Stornoway announces third quarter production and sales results
10 October 2017
Stornoway Diamond Corporation is pleased to provide production and sales results at the Renard Diamond Mine for the quarter ended September 30, 2017. Highlights include:
- 442,154 carats produced from the processing of 506,381 tonnes of ore with an attributable grade of 87 carats per hundred tonnes, compared to a plan of 422,475 carats from 540,000 tonnes at 78 cpht (+5%, -6% and +12% respectively).
- Average processing rate of 5,957 tonnes per day achieved during the quarter.
- 438,632 carats sold in two sales for gross proceeds of C$51.6 million, at an average price of US$94 per carat (C$118 per carat).