Dominion Diamond Sales Down 24% in Q2

Rough Market
21/08/2015 10:25

According to their press release, Dominion Diamond (Ekati & Diavik Mines, Canada), sales for the second fiscal quarter 2016 (May through July) were $209.7 million, representing a 24% decline from Q2 2015 ($277.3 million). The company said that sales were "robust... despite a cautious market and a time of seasonal weakness in demand." The H1 decline for the 2016 fiscal year thus far is 12%, from $452.8 million to $397.4 million.

The news release is in annex below.