Tag: stornoway diamond

December 25, 2019

Diamond Outlook 2020: Tough Year Highlights Value Plays

It was an interesting year for the diamond market, but what is the diamond outlook for 2020? We asked experts...
September 17, 2019

Petra Diamonds Revenue Down 6 Percent in Weak Market

Precious gem miner Petra Diamonds has posted a 6 percent year-over-year revenue drop for its 2019 fiscal year.
September 11, 2019

Stornoway Diamond Files for Creditor Protection, Will Restructure

Shares of the gem company were down 91.67 percent year-to-date when they ceased trading on the TSX on Friday.
August 15, 2019

Stornoway Diamond Posts Q2 Net Loss of C$346 million

News of the shortfall impacted shares of the company, which were down by 9 percent following the announcement.
June 13, 2019

Stornoway Diamond Secures Financing, Cuts Overhead

Despite the company’s efforts to secure financing and cut operational costs, Stornoway shares were down as much as 43.31 percent...
April 9, 2019

Stornoway Diamond Halts Mining at Renard

Despite selling C$47 million worth of diamonds in Q1 2019, Stornoway has decided to temporarily halt open pit mining at...
January 16, 2019

Ramp Up Done; Stornoway Diamond Production Rises 47 Percent

The increase in output came on the back of a production ramp up that occurred at the Quebec-based site throughout...