Stornoway Diamond Corporation (TSX:SWY) (the “Corporation” or “Stornoway”) is pleased to provide production and sales results at the Renard Diamond Mine for the quarter ended June 30, 2017.
As quoted in the press release:
Matt Manson, President & CEO commented: “At the end of the second quarter, we are pleased to report robust production figures and the on-schedule attainment of our process plant’s nameplate capacity, marking the end of our processing ramp-up. With seven sales now completed, we are encouraged by strong growth in diamond pricing, reflecting the underlying market demand for the Renard product. This is despite the ongoing issue of diamond breakage which is impacting our production’s quality and size profile. Going into the second half of the year, we will remain focussed on maximising the value attributes of our diamond production and continuing the growth in revenue from sales.”