Stornoway Announces Q4 and Fiscal Year 2015 Results

Mining and Exploration
18/06/2015 08:56

Stornoway Diamond Corporation has issued a press release announcing its fourth quarter and fiscal year 2015 results. Matt Manson, President and CEO, commented "During the fiscal year just ended, Stornoway successfully completed a C$946million project financing transaction for the Renard Diamond Project and commenced its construction...As we ramp up construction, we have prioritized employment and contracting amongst the Crees of the Eeyou Istchee, including the Cree Nation of Mistissini, and the communities of Chibougamau and Chapais, and maintained a commendable environmental, health and safety record....Our objective at Renard is an efficient and profitable operation, socially and environmentally responsible, delivering high quality Quebec diamonds for sale starting in a little over 18 months' time."