Diamond – Forbes reported that Harry Winston Inc. paid over $26.7 million for a 101.73-carat, pear-shaped flawless diamond at Christie's Geneva-based Magnificent Jewels sale, a record price for a colorless diamond.
Diamond – Reuters reported that Dominion CEO Robert Gannicott said the company has the means to buy the majority stake of Rio Tinto in the Diavik diamond mine if the price is right.
Diamond – Forbes reported that Dominion Diamond Corp, formerly known as Harry Winston Diamond Corp, announced that its sales for the fourth quarter grew 8% to $110.1 million citing increased demand for rough diamonds in China, the US, and India.
Diamond – Mining Weekly reported that diamond miner Harry Winston has received all the approvals needed to sell its luxury brand segment for $750million to the Swatch Group so that it can already focus on its mining activities.
Diamond – Harry Winston Diamond Corporation (TSX:HW, NYSE:HWD) announced that it has updated its reserve and resource statement for the company owned Diavik Diamond Mine.
Diamond – Bloomberg reported that diamond retailer Harry Winston Diamond Corp. will raise its jewelry prices in Japan due to yen’s drop to a 3-year low, which has made imports quite expensive.
The Canadian federal government is preparing to hand more resource control to the territory, while a new report says the north’s resource production is about to spike.
Diamond – Harry Winston Diamond Corporation (TSX:HW, NYSE:HWD) announced that it received a formal Notice of Discontinuance of the court action filed by C. Fipke Holdings Ltd against the company as well as other companies including BHP Billiton Canada Ltd, Archon Minerals, and Stuart Blusson. The court action related to the company’s proposed acquisition of BHP Billiton’s interests in the Ekati mine.
Diamond – Bloomberg reported that Harry Winston Diamond Corp. has said that C. Fipke Holdings Ltd, a minority stakeholder of the Ekati diamond mine, has launched a legal suit to block the company’s planned acquisition of an 80% share of BHP Billiton Ltd’s Canadian operation.
Diamond – Mining Weekly reported that diamond miner Harry Winston said it had lifted its diamond production last year from the partly owned Diavik diamond mine by close to 7.5% for higher grades to 7.2 million carats.
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