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Stornoway Prices Continue to Fall
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Rough prices slumped for Stornoway Diamond Corporation inthe second quarter, as market weakness dented demand for the miner’s range ofgoods. The average price of the company’s sales slid 18% to $76 percarat in the...
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Mining
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Jul 11, 2019
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Rapaport News
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Struggling Stornoway Seeks Buyer for Renard
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Stornoway Diamond Corporation is looking for investors to help salvage its Renard mine as the company continues to incur high financial losses. The miner called for offers to purchase its Canada operations after receiving $11.7...
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Mining
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Jun 11, 2019
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Rapaport News
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Stornoway Appoints New Finance Chief
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Dino Rambidis will replace Orin Baranowsky as chieffinancial officer of Stornoway Diamond Corporation.“Dino…is a seasoned leader with extensive financialexperience, and is a valuable addition to our leadership team,” Stornoway CEOPatrick Godin said last week. Rambidis will...
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Mining
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Apr 22, 2019
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Rapaport News
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Stornoway Loss Deepens Amid Renard Delays
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Stornoway Diamond Corporation increased its net loss in2018 after experiencing delays in the transition to underground mining at its Renard project in Canada. The deficit widened to CAD 329.4 million ($246.8 million),compared with a loss of CAD...
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Mining
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Mar 31, 2019
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Rapaport News
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Stornoway Appoints Head of Operations
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Stornoway Diamond Corporation has promoted Patrick Sévigny tovice president of operations with immediate effect, the company said Monday. Sévigny has been with the Canada-based miner since 2015 asmanager of mining operations at its...
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Mining
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Jan 30, 2019
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Rapaport News
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Stornoway Names Patrick Godin as CEO
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Stornoway Diamond Corporation has appointed a new CEO after reporting its third successive quarterly loss. Patrick Godin, Stornoway’s chief operating officer, willsucceed Matt Manson on January 1, the company said Wednesday. Stornoway recorded...
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Mining
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Nov 15, 2018
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Rapaport News
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