|Panda Pit at the Ekati Diamond Mine located in the Northwest Territories, Canada|
Total sales dropped nearly 24% year-on-year to $160 million from $209.7 million. Revenue for the first half fell 15% compared to the first half of 2015. Dominion's poor performance comes at the heel of a fire on June 23rd that disrupted work at the Ekati mine from June to September. Following the fire, Dominion lowered its 2017 production forecast by 16%, from 5.6 million carats to 4.7 million carats. The company stated that it expects the process plant to restart around September 21 at an estimated total cost of repair of $15 million.
At the Diavik Mine, diamonds recovered during the period were 26% lower than in the same quarter last year due to lower processing volumes and lower recovered grades.