LONGUEUIL, Québec, Jan. 21, 2019 -- Stornoway Diamond Corp. is pleased to announce the appointment of Mr. Hubert T. Lacroix and Ms. Angelina Mehta to the Corporation’s Board of Directors. Mr. Lacroix has over thirty years of experience in business and law and has a great expertise in corporate governance. Mr. Lacroix served as [...]
Stornoway Diamond Corp. is pleased to provide production and sales results at the Renard Diamond Mine for the quarter and year ended December 31, 2018. Highlights are as follows: Figure Underground Ore Tonnes Hauled to Surface Fourth quarter diamond production of 485,616 carats recovered from the processing of 605,960 tonnes of ore at an [...]
Stornoway Diamond Corp. is pleased to announce that the remaining tranches of financing announced on October 2, 2018 have now been completed or approved for completion. These are: A $10 million private placement with Ressources Québec inc. , acting as agent for the Government of Québec, was completed on December 7, 2018. RQ subscribed [...]
LONGUEUIL, Québec, Nov. 14, 2018 -- Stornoway Diamond Corp. announces that, effective January 1, 2019, Mr. Matt Manson will step down as President and CEO of the Corporation and will be succeeded by Mr. Patrick Godin. Mr. Godin is currently the Corporation’s Chief Operating Officer, and has served in this role since 2010. So as to [...]
Stornoway Diamond Corp. is pleased to report financial and operating results for the quarter ended September 30, 2018. QUARTER ENDED SEPTEMBER 30, 2018 HIGHLIGHTS: For the three months ended September 30, 2018, Stornoway reported a net loss of $37.6 million . Adjusted net loss1 for the quarter was $31.7 million. During the quarter, two tender sales [...]
Stornoway Diamond Corp. is pleased to provide an update on recent resource development activities on the Renard 3 and Renard 4 kimberlites at the Renard Diamond Mine. Since earlier this year, Stornoway has been conducting a program of drilling and sampling at Renard with the goal of converting certain Mineral Resources to Mineral Reserves, and of [...]
Stornoway Diamond Corp. expects to release its Third Quarter 2018 results prior to market open on November 14, 2018 and will host a conference call for analysts and investors on November 14, 2018 at 11 a.m. EST. A webcast of the conference call will also be available. The details for the call and the webcast are: Toll Free: 215-3287 International [...]
Stornoway Diamond Corp. is pleased to provide production and sales results at the Renard Diamond Mine for the quarter ended September 30, 2018. Highlights are as follows: Real pricing index for Renard diamonds at sale. Represents “like versus like” pricing on run of mine production, normalized for monthly changes in mix. 184,620 carats [...]
Strengthens Balance Sheet and Provides Greater Operational Flexibility Stornoway Diamond Corp. is pleased to announce the entering into a series of financing transactions with lenders and key stakeholders designed to provide the Corporation greater financial and operational flexibility . In total, the Financing Package represents additional [...]
LONGUEUIL, Québec, Sept. 04, 2018 -- Stornoway Diamond Corp. is pleased to report that it has achieved sustained underground mine production at the Renard Diamond Mine at or above the mine’s design capacity. This marks the completion of the production ramp-up of the underground mine. Over a 20-day period ending August 29, 2018, ore [...]
Stornoway Diamond Corp. is pleased to report financial and operating results for the quarter ended June 30, 2018. QUARTER ENDED JUNE 30, 2018 HIGHLIGHTS: For the three months ended June 30, 2018, Stornoway reported a net loss of $35.9 million . Adjusted net loss1 for the quarter was $31.3 million. During the quarter, two tender sales totalling [...]
Stornoway Diamond Corporation expects to release its Second Quarter 2018 results prior to market open on August 14, 2018 and will host a conference call for analysts and investors on August 14, 2018 at 11:00 a.m. EDT. A webcast of the conference call will also be available. The details for the call and the webcast are: Toll Free: 215-3287 [...]
