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Stornoway Diamond Corporation

09:46 AM EST - Stornoway Diamond Corporation : Provided production and sales results at the Renard Diamond Mine for the quarter ended September 30, 2018. In all, 184,620 carats were sold in two tender sales for gross proceeds of $24.7 million2 at an average price of $103 U.S. per carat ($134 Canadian per carat). Third-quarter diamond sales represent diamonds recovered during the second quarter. Third-quarter diamond production was 329,306 carats produced from the processing of 597,761 tonnes of ore at an average grade of 55 cpht. Grade and carat recoveries improved by 39% and 47% respectively compared to the second quarter with the mining of higher grade ore. Stornoway Diamond Corporation
shares T.SWY are trading up $0.005 at $0.34.