Commodities > Precious-stones

Stornoway broadly reaches 2017 guidance

Annual production at Stornoway Diamond Corp (CN:SWY) broadly reached its guidance for its first full year of operation at the Renard mine in Quebec, Canada.

Staff reporter

Commodities > Precious-stones

Stornoway broadly reaches 2017 guidance

Annual production at Stornoway Diamond Corp (CN:SWY) broadly reached its guidance for its first full year of operation at the Renard mine in Quebec, Canada.

Staff reporter

Stornoway broadly reaches 2017 guidance

2017 was the first full calendar year of operations at Stornoway's Renard diamond mine

During the December quarter, the miner produced 398,267 carats from 518,817 tonnes of ore processed at an attributable grade of 77 carats per hundred tonne. This brought its annual output to 1.6 million carats from 1.96 million tonnes of ore at an attributable grade of 84ct/ht .