Dominion Diamond Corporation Provides Further Update on Process Plant Fire at Ekati Diamond Mine
June 27 2016 - 5:30AM
Business Wire
Dominion Diamond Corporation (TSX:DDC, NYSE:DDC) (the “Company”
or “Dominion”) reports that the fire which occurred in the process
plant at the Ekati Diamond Mine on June 23rd was successfully
extinguished on the same day, all personnel were safely evacuated
from the plant and no injuries have been reported. The initial
assessment of the process plant confirms damages were limited to a
small area, with no damage to the main structural components.
Repairs will require the replacement of one of the main degritting
screens and associated components, as well as some electrical
wiring and related infrastructure. The duration of the shutdown is
still unknown as our team, assisted by technical experts, continues
the assessment.
Surface and underground mining activities were not impacted by
the fire at the process plant, and continue as planned. Ore mined
during the process plant downtime will be stockpiled, with the
intention to prioritize the processing of the highest value
material when the plant restarts.
The Company will provide an update as further information
becomes available.
About Dominion Diamond Corporation
Dominion Diamond Corporation is the world’s third largest
producer of rough diamonds by value. Both of its production assets
are located in the low political risk environment of the Northwest
Territories in Canada where the Company also has its head office.
The Company is well capitalized and has a strong balance sheet.
The Company operates the Ekati Diamond Mine and also owns 40% of
the Diavik Diamond Mine. Between the two mining operations,
diamonds are currently produced from a number of separate
kimberlite pipes providing a diversity of diamond supply as well as
reduced operational risk. It supplies premium rough diamond
assortments to the global market through its sorting and selling
operations in Canada, Belgium and India.
For more information, please visit
www.ddcorp.ca
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version on businesswire.com: http://www.businesswire.com/news/home/20160627005343/en/
Dominion Diamond CorporationInvestor RelationsMs. Kelley Stamm,
416-205-4380Manager, Investor Relationskstamm@ddcorp.caorMedia
RelationsMs. Laura Worsley-Brown, 867-669-6105Senior Advisor,
External Relationslaura.worsley-brown@ekati.ddcorp.ca