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HWDC announces new plan for Diavik Diamond Mine

27 Nov '07
2 min read

Harry Winston Diamond Corporation expects to contribute approximately CDN$218 million over the next two years in support of the new mine plan.

It is expected that the funds will come from a combination of cash from operations and the corporation's existing credit facility.

In support of the new mine plan, the mine operator is preparing a revised resource statement that is expected to be delivered in the first calendar quarter of 2008.

Harry Winston Diamond Corporation has a 40% interest in the Diavik Diamond Mine, with Rio Tinto plc of London having the 60% balance.

Harry Winston Diamond Corporation

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