Stornoway Diamond files for bankruptcy for second time, stops operations at Quebec site
Mining News Pro - Stornoway Diamond Inc. is filing for bankruptcy protection for the second time in four years as the miner struggles to deal with volatile pricing on global markets.
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Stornoway Diamond top executives to step down
Mining News Pro - Stornoway Diamond announced Thursday that Patrick Godin and Annie Torkia Lagacé will be stepping down from their respective positions as president and CEO and EVP, finance and corporate services, effective Friday June 26.
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Stornoway Diamond granted creditor protection
Mining News Pro - Stornoway Diamond Corp. of Montreal has been granted protection under the Companies’ Creditors Arrangement Act from the Superior Court of Quebec while the company restructures its business and financial affairs.
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Stornoway Diamond halts open pit operations at Quebec mine
Mining News Pro - Shares in Canada’s Stornoway Diamond Corp. (TSX:SWY) fell on Tuesday after it announced that it would halt operations at its Renard 65 open pit mine, in the Canadian province of Quebec.
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Stornoway successfully transitions Renard to underground production
Mining News Pro - The new underground Renard 2 diamond mine is already operating above its 6,000-t/d target. (Image: Stornoway Diamond)
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Visit: 824