Stornoway hikes Renard capital costs to C$800m

Stornoway Diamonds’ shares fell 6% on in Toronto on Wednesday, after the company said the cost to build its Renard project in Quebec would cost C$802-million – nearly double the amount it predicted in a March 2010 preliminary economic...

Stornoway weighs selling gem marketing rights to fund Renard

Stornoway Diamonds, aiming to build Quebec’s first diamond mine, hopes to raise some of the money for the Renard project through selling marketing rights, CEO Matt Manson said last week in an interview. The company is finalising the feasibility...

Stornoway launches Renard feasibility study

Canadian diamond hopeful Stornoway Diamond and partner Societe generale de financement du Quebec (SGF) have formally begun a feasibility study for their Renard project, in north central Quebec, and will also look at building a power line to...