Stornoway Diamond Corporation announced production and sales results at the Renard Diamond Mine for the second quarter ended June 30, 2019. For the period, the company announced 512,423 total carats sold in two tender sales for gross proceeds of CAD 47 million at an average price of USD 76 per carat ((CAD 102 per carat).

Second quarter diamond production was 463,136 carats recovered from the processing of 695,934 tonnes of ore at an average grade of 67 carats per hundred tonnes (cpht). Carats recoveries increased by 4% compared to the first quarter, mainly due to greater plant utilization. The average processing rate was 7,648 tonnes per day, above the budgeted rate of 7,000 tonnes per day.