Latest Murowa diamond mine Stories
TORONTO, May 4 /PRNewswire-FirstCall/ - Harry Winston Diamond Corporation (TSX: HW, NYSE: HWD) (the "Company") is pleased to provide an update to the Diavik Diamond Mine plan as a result of a revised budget for calendar 2009 that was recently approved by both Rio Tinto plc, the operator of the Diavik Diamond Mine, and the Company.
Chief executive Tom Albanese said: "The long term outlook for Rio Tinto remains positive despite the upheavals in global markets. In the third quarter, our business continued to perform extremely well, breaking yet more production records in iron ore, bauxite, hard coking coal and US coal.
Rio Tinto (NYSE:RTP): -- Record underlying EBITDA* of $11,408 million, 73 per cent above first half 2007. -- Record underlying earnings* of $5,474 million, 55 per cent above first half 2007. -- Record net earnings* of $6,914 million, 113 per cent above first half 2007.
TORONTO, July 25 /PRNewswire-FirstCall/ -- Harry Winston Diamond Corporation (TSX: HW; NYSE: HWD) today announced that the operator of the Diavik Diamond Mine has provided the following update on work during the second quarter of 2008 at the Diavik Diamond Mine: Ore production accelerated in the second quarter in line with plan due to improved operating conditions.
Commenting on the second quarter's production results, chief executive Tom Albanese said: "These strong results show that we are continuing to expand to meet rapid demand growth in the developing world.
Text of report by Njabulo Ncube and Rangarirai Mbe
- a slit in a tire to drain away surface water and improve traction.