Last C$0.60 CAD
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Volume 313.0K
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As of 3:59 PM 09/12/14 All times are local (Market data is delayed by at least 15 minutes).

stornoway diamond corp (SWY) Snapshot

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03/31/14 - C$1.22
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09/17/13 - C$0.56
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stornoway diamond corp (SWY) Details

Stornoway Diamond Corporation operates as a diamond exploration and development company in Canada. The company’s principal asset is the Renard diamond project located near the Otish Mountains in north-central Quebec. Stornoway Diamond Corporation was founded in 1986 and is headquartered in Longueuil, Canada.

34 Employees
Last Reported Date: 07/29/14
Founded in 1986

stornoway diamond corp (SWY) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: C$310.0K
Chief Financial Officer, Vice President of Fi...
Total Annual Compensation: C$180.0K
Chief Operating Officer, Director, Member of ...
Total Annual Compensation: C$264.0K
Vice President of Asset Protection
Total Annual Compensation: C$175.0K
Vice President of Engineering & Construction
Total Annual Compensation: C$165.0K
Compensation as of Fiscal Year 2013.

stornoway diamond corp (SWY) Key Developments

Stornoway Diamond Corporation Presents at 2014 Precious Metals Summit Colorado, Sep-11-2014 10:30 AM

Stornoway Diamond Corporation Presents at 2014 Precious Metals Summit Colorado, Sep-11-2014 10:30 AM. Venue: Park Hyatt Beaver Creek, 136 East Thomas Place, Beaver Creek, Colorado, United States. Speakers: Matthew Manson, Chief Executive Officer, President, Director, Member of Disclosure Policy Committee and Member of Environmental, Health & Safety Committee.

Stornoway Diamond Corporation Appoints Douglas Silver to the Board of Directors

Stornoway Diamond Corporation announced the appointment of Mr. Douglas Silver to the Corporation's Board of Directors. Mr. Silver is a highly regarded mining and investment executive with more than 30 years of experience in the international mining industry. He is currently a portfolio manager of Orion Mine Finance, and joins the Stornoway board as a nominee of Orion following the recent closing of Stornoway's CAD 946 million comprehensive financing package for the Renard Diamond Project. Mr. Silver was the founder, CEO and Chairman of International Royalty Company, until its sale to Royal Gold Inc. in 2010.

Stornoway Diamond Corporation Announces Formal Production Decision at Renard

Stornoway Diamond Corporation announced that a formal decision to proceed to mine construction and production at the Renard Diamond Project has been made by the corporation's Board of Directors in connection with the recent closing of the project's comprehensive CAD 946 million financing package on July 8, and the overwhelming approval by Stornoway shareholders of resolutions relating to the financing on June 26. Concurrent with this announcement, a ground breaking ceremony was held on July 10, 2014 at the Renard Project site in the presence of M. Philippe Couillard, the Premier of Québec, M. Jacques Daoust, the Québec Minister of the Economy, Innovation and Exports, M. Jean Boucher, the Member of the Québec National Assembly for Ungava, Chief Richard Shecapio, Chief of the Cree Nation of Mistissini, Mme Manon Cyr, Mayor of Chibougamau and M. Steve Gamache, Mayor of Chapais. Project construction has now been fully mobilized, with commercial production on schedule for the second quarter of 2017 based on first plant commissioning in late 2016. The Renard Diamond Project is located approximately 250 km north of the Cree community of Mistissini and 350 km north of Chibougamau in the James Bay region of north-central Québec. In November 2011, Stornoway released the results of a Feasibility Study at Renard, followed by an Optimization Study in January 2013, which highlighted the potential of the project to become a significant producer of high value rough diamonds over a long mine life. Probable Mineral Reserves, as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects, stand at 17.9 million carats.


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