Stornoway Diamond Corporation
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DIAMONDS: Renard resources continues to grow with update
QUEBEC – With each update, Stornoway Diamond Corp. of Montreal continues to increase the resources at its Renard diamond project in the Otish Mountains. The indicated resource at what will be the province’s first diamond mine is up 14% to…
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DIAMONDS: Renard permits received, construction to begin
QUEBEC – Montreal’s Stornoway Diamond Corp. is in receipt of all the major Quebec and federal government authorizations required to begin construction at the Renard diamond project this fall. The final permission was given by the Canadian…
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DIAMONDS: Stornoway updates progress at Renard
QUEBEC – Montreal-based Stornoway Diamond Corp. is making good progress on its Renard diamond project in the north-central part of the province. Project financing, building the access road, and final permitting are all moving forward.
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COMMENT: PQ piles taxes on Quebec miners
As promised in the last provincial election, the Partie Québécoise has slapped new taxes on Quebec’s mining industry. Beginning in 2014 producers will pay either a royalty or a graduated tax on the company’s profit margin…
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DIAMONDS: Stornoway pleased with valuation of Renard sample
QUEBEC – Stornoway Diamond Corp. of Montreal is pleased with the latest valuation of a bulk sample from its Renard diamond project in the Otish Mountains. An independent valuation using March 2013 prices revealed an average price of…
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DIAMONDS: Stornoway rejigs Renard design to cut costs
QUEBEC – Stornoway Diamond Corp. of Montreal has optimized the design for the province’s first diamond mine, Renard, located in the Otish Mountains, cutting costs and maintaining its high operating margin. The original feasibility study was…
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DIAMOND: Renard 65 sampling yields 9.78 and 6.41 ct stones
QUEBEC – Montreal-based Stornoway Diamond Corp. has recovered a 9.78-ct and a 6.41-ct diamond from the Renard 65 bulk sample. The 9.78-ct stone, worth US$7,000/ct, is an unbroken white octahedral gem, the most valuable ever…
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DIAMONDS: Stornoway receives Renard certificate of authorization
QUEBEC – A major permitting milestone for the Renard diamond development has been achieved on time, says owner Stornoway Diamond Corp. of Montreal. The Quebec Ministere du Developpement Durable, de l’Environmnement, de la Faune et des…
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AWARDS: AEMQ recognizes the best of 2012
QUEBEC CITY – The Quebec Mineral Exploration Association (AEMQ) held its annual recognition awards ceremony during the Quebec mining exploration convention, which took place from Nov. 19-22. The awards emphasize the excellence, dynamism…
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DIAMOND DEVELOPMENT: Stornoway, Quebec sign new road deal
QUEBEC – Les Diamants Stornoway (Canada), a wholly owned subsidiary of Montreal-based Stornoway Diamond Corp., has signed a new agreement with the government of Quebec for the financing and completion of the 240-km-long Route 167…
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Stornoway expects delays at Renard
Stornoway Diamond recently provided an update on the construction of the Route 167 extension that would give it full year road access to its current fly-in Renard diamond project in northern Quebec, confirming earlier media reports that the…
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Stornoway’s Renard may face delays
Stornoway Diamond’s Renard diamond project in Quebec, which is estimated to come online in 2015, may be deferred because of potential delays in the provincial government’s road building schedule.