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Stornoway says Renard set for higher processing, carat recoveries in H2

Creamer Media Senior Researcher and Deputy Editor Online
The Renard diamond mine, in Quebec, has fully transitioned to underground mining, its new ore sorting plant is operational and the mine is now set for higher processing rates, grades and carat recoveries in the second half of the year. The transition from openpit operations and the completion of the ore sorting plant, which was installed to improve breakage issues, also mark the end of the principal construction capital spending at Renard, CEO Matt Manson said on Friday, announcing Stornoway’s second-quarter production and sales results.

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