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Harry Winston Diamond Corporation (TSX:HW,NYSE:HWD) announced Diavik produced 1.60 million carats from 0.5 million tonnes of ore processed in the first quarter of 2012.
Harry Winston Diamond Corporation (TSX:HW,NYSE:HWD) announced Diavik produced 1.60 million carats from 0.5 million tonnes of ore processed in the first quarter of 2012.
As quoted in the press release:
Diamonds recovered in the 2012 first quarter was higher by approximately 19% compared to the same quarter of the prior year due to improved grades. In the first quarter of 2011, a higher proportion of mud-rich A-418 type B ore was processed which reduced the overall grade. Ore production for the first calendar quarter consisted of 0.1 million carats produced from 0.04 million tonnes of ore from the A-154 South kimberlite pipe, 0.2 million carats produced from 0.10 million tonnes of ore from the A-154 North kimberlite pipe and 1.2 million carats produced from 0.39 million tonnes of ore from the A-418 kimberlite pipe.
Click here to read the Harry Winston Diamond Corporation (TSX:HW) press release.