Stornoway Diamond Corporation’s  Renard Diamond Mine in Quebec has  reached a milestone point in its development. The Corporation  announced on May 16, 2017 that a production of one million carats of diamonds had been reached at the mine.

Matt Manson, President and CEO, commented at the time of the announcement: “Today’s news represents another important milestone in our production ramp-up at Renard. The one million carat threshold comes, coincidentally, at the same time that the first polished diamonds from the mine have become available for sale in Montreal. I’d like to acknowledge the team of dedicated Stornoway employees and contractors, as well as our community partners in Mistissini, Chibougamau and Chapais, who have worked to make this achievement possible.”

 Construction on the Renard Diamond Mine project had commenced on July 10, 2014, and commercial production was declared on January 1, 2017. Renard   is Quebec’s first producing diamond mine and Canada’s sixth.  Average annual diamond production is forecast at 1.8 million carats per annum over the first 10 years of mining.