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Ekati Diamond Mine Production -26% in 3Q
Apr 17, 2013 2:26 AM
By Avi Krawitz
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RAPAPORT... BHP Billiton reported that production at the Ekati diamond mine in Canada fell 26 percent year on year to 322,000 carats in the third fiscal quarter that ended on March 31, 2013. Ekati production is down 32 percent to 930,000 carats during the first nine months of the fiscal year.
BHP Billiton completed the sale of its 80 percent stake in Ekati to Dominion Diamond Corporation on April 10 for $553 million, marking its exit from the diamond sector.
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Tags:
Avi Krawitz, BHP Billiton, diamonds, Dominion Diamond Corporation, ekati
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