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Dominion Diamond Corp. (TSX:DDC,NYSE:DDC) announced Q2 2015 production results from its Diavik diamond mine, commenting that it processed 0.56 million tonnes and recovered 2.14 million carats.
Dominion Diamond Corp. (TSX:DDC,NYSE:DDC) announced Q2 2015 production results from its Diavik diamond mine, commenting that it processed 0.56 million tonnes and recovered 2.14 million carats.
As quoted in the press release:
Processing volumes in the second calendar quarter of 2015 were 9% lower than the same quarter of the prior year due to additional stockpile ore that was available and processed during the comparable quarter of the prior year. This additional stockpile was fully exhausted in calendar 2014.
Diamonds recovered in the second calendar quarter were consistent with the same quarter of the prior year. Higher grades achieved in the current year have offset the reduced processing volumes.
The development of the A-21 pipe is progressing according to plan.
The company’s full-year production target is as follows:
Click here to read the full Dominion Diamond Corp. (TSX:DDC,NYSE:DDC) press release.