Dominion Diamond Corporation reports Fiscal 2016 First Quarter Results
11 June 2015
YELLOWKNIFE, Northwest Territories--(BUSINESS WIRE)--Jun. 10, 2015-- Dominion Diamond Corporation (TSX: DDC, NYSE: DDC) (the “Company” or “Dominion”) reports first fiscal quarter of 2016 (February through April) financial results. Unless otherwise indicated, all financial information is presented in U.S. dollars.
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Brendan Bell, Acting Chief Executive Officer stated: “Despite a slightly weaker market to start the year, our first quarter sales remained robust. However margins reflect the fact that as forecast, fiscal 2016 is a transitional year for the Ekati Diamond Mine, with a lower value ore mix processed until the rich Misery main pipe comes on-stream in early calendar 2016.”
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