Dominion Diamond (DDC) Reports Q2 Swings to Q2 Loss

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Dominion Diamond (DDC) Issues Positive Sable PEA Results

September 10, 2015 5:03 PM EDT

Dominion Diamond (NYSE: DDC) announced positive results of a preliminary economic assessment (Sable PEA) of the Sable kimberlite pipe deposit located within the Core Zone Joint Venture property in Canadas Northwest Territories, in which the Company holds an 88.9% interest.

Sable is a fully-permitted undeveloped deposit on the Ekati property, with a rapid development timeline and potential capital and operating synergies with the Jay Project. Sable and Jay could share haul trucks, loading equipment, and support equipment during development and operations. Combining Sable with Jay would also provide increased mine planning and processing... More