Harry Winston interested in purchasing 60% in Diavik

In a recent Reuters report, Harry Winston Diamond Corp., which is the new identity of former Aber Diamond, announced its intent to purchase 60 per cent stake in Rio Tinto’s Diavik diamond mine, in which it already is a 40 per cent stake holder.

“If it were for sale, yes of course we would,” mentioned Robert Gannicott, Chief Executive Officer of the company. He mentioned that he was confident the mine would produce over 10 million carats during 2007.