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Stornoway Diamond Corp (SWY.TO)

SWY.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Stornoway Sees FY 2019 Capex $70 Million - $80 Million
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Stornoway Diamond Corp ::STORNOWAY ANNOUNCES FOURTH QUARTER AND 2018 PRODUCTION AND SALES RESULTS, AND 2019 GUIDANCE.STORNOWAY DIAMOND - SEES FY2019 CAPEX $70 MILLION - $80 MILLION.STORNOWAY DIAMOND>- Q4 DIAMOND PRODUCTION OF 485,616 CARATS RECOVERED FROM PROCESSING OF 605,960 TONNES OF ORE.STORNOWAY DIAMOND - Q4 DIAMOND PRODUCTION OF 485,616 CARATS.SEES FY2019 ORE PROCESSED 2.40 MTONNES – 2.55 MTONNES.IN 2019, STORNOWAY EXPECTS TO PRODUCE BETWEEN 1.80 AND 2.10 MCARATS FROM PROCESSING OF 2.40 TO 2.55 MTONNES OF ORE.STORNOWAY DIAMOND - FOR FY2019, CASH OPERATING COSTS ARE ESTIMATED AT $120 MILLION TO $130 MILLION.FY 2019 CAPITAL EXPENDITURES ARE ESTIMATED AT $70 MILLION TO $80 MILLION.  Full Article

Stornoway Reports Third Quarter 2018 Production And Sales Results
Thursday, 11 Oct 2018 

Oct 11 (Reuters) - Stornoway Diamond Corp ::STORNOWAY REPORTS THIRD QUARTER 2018 PRODUCTION AND SALES RESULTS.STORNOWAY DIAMOND CORP - Q3 DIAMOND PRODUCTION WAS 329,306 CARATS AT RENARD DIAMOND MINE.STORNOWAY DIAMOND CORP - 184,620 CARATS SOLD IN TWO TENDER SALES AT RENARD DIAMOND MINE FOR QUARTER ENDED SEPTEMBER 30, 2018.  Full Article

Osisko Enters Into Agreement To Amend Renard Stream
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - Osisko Gold Royalties Ltd ::OSISKO ENTERS INTO AGREEMENT TO AMEND RENARD STREAM.OSISKO GOLD ROYALTIES - AS PART OF STREAM AMENDMENT, CO WILL PROVIDE STORNOWAY WITH US$ EQUIVALENT OF C$21.6 MILLION.OSISKO GOLD ROYALTIES LTD - WILL FUND ITS SHARE OF RENARD STREAM AMENDMENT THROUGH CASH ON HAND.OSISKO GOLD ROYALTIES - PURSUANT AMENDMENT, STORNOWAY HAS GRANTED TO CO & OTHER PARTIES RIGHT TO NOMINATE 1 MEMBER OF STORNOWAY BOARD OF DIRECTORS.  Full Article

Stornoway Announces Financing Agreements Valued At Up To $129 Mln
Tuesday, 2 Oct 2018 

Oct 2 (Reuters) - Stornoway Diamond Corp ::STORNOWAY ANNOUNCES COMPREHENSIVE FINANCING AGREEMENTS VALUED AT UP TO $129 M.STORNOWAY DIAMOND - EXECUTING TREASURY OFFERING OF 57.1 MILLION UNITS OF CORP WITH LA CAISSE ON PRIVATE PLACEMENT BASIS, FOR ABOUT $20 MILLION AT $0.35/UNIT.STORNOWAY DIAMOND - RESSOURCES QUÉBEC HAS EXPRESSED INTENT TO SUBSCRIBE UP TO ABOUT $10 MILLION UNITS ON SAME TERMS AS PRIVATE PLACEMENT WITH LA CAISSE.STORNOWAY DIAMOND - AS RESULT OF LA CAISSE'S SUBSCRIPTION, LA CAISSE BECAME INSIDER OF CORP & NOW HOLDS 11.4% OF CO'S COMMON SHARES.  Full Article

Stornoway Reports Q2 2018 Production And Sales Results
Friday, 6 Jul 2018 

July 6 (Reuters) - Stornoway Diamond Corp ::STORNOWAY REPORTS SECOND QUARTER 2018 PRODUCTION AND SALES RESULTS.STORNOWAY DIAMOND- Q2 DIAMOND PRODUCTION 223,351 CARATS FROM PROCESSING OF 562,060 TONNES OF ORE AT AN AVERAGE GRADE OF 40 CPHT AT RENARD DIAMOND MINE.STORNOWAY DIAMOND CORP - Q2 PRODUCTION WAS 223,351 CARATS AT RENARD DIAMOND MINE.  Full Article

Stornoway Announces Recommencement Of Renard Mine Operations
Wednesday, 4 Jul 2018 

Stornoway Diamond Corp ::STORNOWAY ANNOUNCES RECOMMENCEMENT OF RENARD MINE OPERATIONS.STORNOWAY DIAMOND CORP - EXPECTS TO COMMENCE REMOBILIZATION OF STAFF TO RENARD MINE, BEGINNING TOMORROW MORNING, JULY 4, 2018.STORNOWAY DIAMOND - PRINCIPAL FIRES SOUTH OF CLARENCE AND ABEL SWALLOW AIRPORT CONTAINED, ALLOWING FOR SAFE TRANSIT OF MINE STAFF TO RENARD MINE.  Full Article

Stornoway Announces Temporary Suspension Of Renard Mine Operations Due To Forest Fire
Monday, 2 Jul 2018 

Stornoway Diamond Corp ::STORNOWAY ANNOUNCES TEMPORARY SUSPENSION OF RENARD MINE OPERATIONS DUE TO FOREST FIRE.STORNOWAY DIAMOND CORP - WHILE MINE FACILITIES ARE IN NO IMMEDIATE DANGER, LOCATION OF FIRE MEANS THAT ACCESS TO SITE IS AFFECTED.STORNOWAY DIAMOND - NON-ESSENTIAL STAFF BEING EVACUATED AND ROAD DELIVERIES SUSPENDED UNTIL NORMAL SAFE WORKING CONDITIONS CAN BE RE-ESTABLISHED.  Full Article

Stornoway Diamond Q1 Loss Per Share C$0.01
Wednesday, 16 May 2018 

May 15 (Reuters) - Stornoway Diamond Corp ::STORNOWAY REPORTS FY2018 FIRST QUARTER FINANCIAL RESULTS.Q1 LOSS PER SHARE C$0.01.REVENUES DURING Q1 OF 2018 TOTALLED $55.9 MILLION, COMPARED TO $48.5 MILLION IN CORRESPONDING PERIOD OF 2017.  Full Article

Stornoway Says Higher Than Budgeted Carat Production Needed To Achieve FY Guidance
Wednesday, 11 Apr 2018 

April 11 (Reuters) - Stornoway Diamond Corp ::STORNOWAY REPORTS FIRST QUARTER 2018 PRODUCTION AND SALES RESULTS.QTRLY DIAMOND PRODUCTION WAS 285,851 CARATS FROM RENARD DIAMOND MINE.HIGHER THAN BUDGETED CARAT PRODUCTION NEEDED TO ACHIEVE STORNOWAY'S FY GUIDANCE OF 1.6 MILLION CARATS PRODUCED, 1.6 MILLION CARATS SOLD.  Full Article

Stornoway Diamond Corp Qtrly Loss Per Share C$0.14
Monday, 26 Mar 2018 

March 26 (Reuters) - Stornoway Diamond Corp ::STORNOWAY REPORTS FOURTH QUARTER AND 2017 FINANCIAL RESULTS.SEES Q4 REVENUE C$55.5 MILLION.SEES ‍FY 2018 CAPITAL EXPENDITURES OF $100 MILLION​.‍REVENUE FOR Q4 IS ESTIMATED AT $55.5 MILLION​.QTRLY LOSS PER SHARE C$0.14.DIAMOND SALES OF 486,633 CARATS WERE COMPLETED IN Q4 WITH GROSS PROCEEDS OF $52.6 MILLION.  Full Article