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Home > Diamond News Center > Diamond News > World

Dominion reports Q3 gross margin of $22.2 million

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Diamond Mine
Dominion Diamond Corporation  Enlarge
Ekati Diamond Mine
Dominion Diamond Corporation reported positive results for Q3 2017. According to Rough & Polished, the company's gross margin amounted to $22.2 million.

Dominion's diamond sales during the third quarter of fiscal 2017 generated $102.7 million, attributed partly to the sale of a 186 carat gem quality diamond recovered at the Ekati diamond mine.

While figures were favorable, financial results were negatively affected by the process plant fire at Ekati, and the carryover of lower value stones from both Ekati and Diavik during the previous quarter.
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