Canada’s largest diamond producer Dominion Diamond Corp has reported a 21% decrease in diamond sales for the 2017 financial year ended January, as a fire at its flagship Ekati mine, in the Northwest Territories, last year and lower-value output weighed on the bottom line.
The Yellowknife-based company did however stress its improved outlook over the next three years, as expansion projects at both Ekati and the Diavik mines come on line, and the company continues to progress a strategic review that might result in the sale of the company.
