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Production at Dominion Diamond’s Ekati Rises in Q4 2013

Charlotte McLeod
Jan. 16, 2014 10:53AM PST
Diamond Investing

Dominion Diamond Corp. (TSX:DDC,NYSE:DDC) announced fourth-quarter production results for its Diavik and Ekati diamond mines, commenting that Diavik produced 2.1 million carats from 0.54 million tonnes of processed ore, while Ekati put out 0.4 million carats from the processing of 0.9 million tonnes of ore from reserves.

Dominion Diamond Corp. (TSX:DDC,NYSE:DDC) announced fourth-quarter production results for its Diavik and Ekati diamond mines, commenting that Diavik produced 2.1 million carats from 0.54 million tonnes of processed ore, while Ekati put out 0.4 million carats from the processing of 0.9 million tonnes of ore from reserves.

Regarding Diavik, the company’s press release states:

Processing volumes in the fourth quarter were 16% higher than the prior year’s comparable quarter. This was a result of improvements in the mining rates as the underground ramp up progressed throughout the year to full production from all three pipes.

Concerning Ekati, the press release notes:

Activities through the calendar quarter continued to focus on ore production from the Fox open pit, and Koala and Koala North underground. The Company also recovered 0.1 million carats from the processing of 0.1 million tonnes of coarse ore rejects and diamond bearing kimberlite excavated from satellite bodies in the Misery open pit (referred to as Misery South & Southwest).

Click here to read the full Dominion Diamond Corp. (TSX:DDC,NYSE:DDC) press release.

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