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Harry Winston Diamond Corp. (HWD) holds a Canadian diamond in the rough. It owns a 40% stake in the Diavik diamond mines, located in one of the world's richest diamond-bearing deposits. Diavik Diamond Mines, a subsidiary of Rio Tinto, owns the remaining 60% and operates the mine. The Diavik mine, which began production in 2003, has a life cycle of more than 20 years; its peak production hit more than 10 million carats annually. With its share of the diamond production, HWD supplies Tiffany & Co. with diamonds, with the rest sold on the open market in Antwerp; Ramat Gan, Israel; and Mumbai. The company, called Aber Diamond until 2007, owns jewelry and watch retailer Harry Winston Inc.
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Address: |
36 Toronto St., Ste. 1000
Toronto, Ontario M5C 2C5, Canada
| | Phone: | 416-362-2237 | | Fax: | 416-362-2230 |
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| Financial
Highlights | | Fiscal Year End: | January | | Revenue (2009): | 609.20 M | | Revenue Growth (1 yr): | (-10.30%) | | Employees (2009): | 78 | | Employee Growth (1 yr): | 8.30% |
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Key People
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Chairman and CEO:
Robert A. Gannicott
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President and Director:
Thomas J. O'Neill
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VP and CFO:
Alan S. Mayne
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