Diavik Diamond Mine Recovered 1.6 Million Carats in Last Quarter

Harry Winston Diamond Corporation (TSX:HW,NYSE: HWD) reported the Diavik Diamond Mine recovered 1.6 million carats in the last quarter of 2012.

As quoted in the press release:

For the 2011 calendar year, 6.7 million carats of diamonds were recovered from 2.2 million tonnes of ore processed. Although tonnage processed was on target, there was a modest shortfall from the forecast recovery of 6.9 million carats as a result of lower than expected amounts of reprocessed ore and a higher proportion of A-418 ore processed. The A-418 ore has a high heavy mineral content which have similar characteristics to diamonds and therefore limits the capacity in the diamond recovery section of the process plant.

Click here to read the Harry Winston Diamond Corporation (TSX:HW) pres release.