Dominion Diamond Corporation reports Fiscal 2016 Third Quarter Sales and Production Results

19 November 2015

YELLOWKNIFE, NT (November 19, 2015) - Dominion Diamond Corporation (TSX: DDC, NYSE: DDC) (the "Company" or "Dominion") reports Ekati Diamond Mine and Diavik Diamond Mine third fiscal quarter 2016 (August through October) sales, and Ekati Diamond Mine production results. Unless otherwise specified, all financial information is presented in U.S. dollars.

Highlights

Sales:

• Third quarter diamond sales1 were $145.0 million ($222.3 million in Q3 fiscal 2015). 

• During Q3 fiscal 2016, the Ekati Diamond Mine recovered 0.8 million carats from 0.9 million tonnes of ore processed (1.0 million carats from 1.1 million tonnes in Q3 fiscal 2015). 
• The lower tonnage processed is a result of the continued testing relating to the diamond liberation initiative. 

• Misery Main pipe is still on track for first production in Q1 fiscal 2017. 
• Mining from the Pigeon pipe commenced this month.  

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