DIAMONDS: Dominion recovers 2.4M carats from Diavik, Ekati in Q3

NORTHWEST TERRITORIES – Dominion Diamond Corp. of Toronto says quarterly results are strong from both the Diavik and Ekati diamond mines near Lac de Gras. Together the mines produced 2.4 million ct of diamonds during in the third calendar...

NORTHWEST TERRITORIES – Dominion Diamond Corp. of Toronto says quarterly results are strong from both the Diavik and Ekati diamond mines near Lac de Gras. Together the mines produced 2.4 million ct of diamonds during in the third calendar quarter of 2013.

Operational performance continues to improve at Diavik where 1.7 million ct were recovered from 500,000 tonnes of ore during the period. The operation is on track to reach 7.3 million ct from 1.9 million tonnes of ore taken both from underground mining and from stockpiles. The A-154 North, A-154 South, A-418 and RPR kimberlite pipes are being exploited.

During Q3 2013 the Ekati mine produced 400,000 ct from the treatment of 900,000 tonnes of ore. An additional 300,000 ct were recovered from the processing of 200,000 tonnes of coarse ore rejects and a satellite body in the Misery pit. The bulk of the carats came from the Fox pit and the Koala and Koala North underground mines. Guidance for this year at Ekati is 1.0 million ct from material included in mineral reserves.

Dominion's senior management team is now headquartered in Yellowknife. The company credits the move and the addition of Chantal Lavoie as president and COO for the strong performance during the three-month period.

Additional production details are available at DDcorp.ca.

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