Harry Winston Diamond Corporation is a pure diamond play with growth opportunities in both segments of its business and where the industry fundamentals are robust.
Mining Segment – Diavik Diamond Mine |
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Canada’s largest diamond mine |
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Proven resources: ore bodies among the highest grade and value |
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16.1 million carats of proven reserves and 42.8 million carats of probable reserves as at December 31, 2011, for nearly 59 million carats of total proven and probable reserves (reserves are for 100% of the Diavik Mine, in which the Company has a 40% ownership interest)
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Production extension potential beyond 2022 dependent on bringing resources and exploratory tonnages into reserves |
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Superior rough diamond marketing platform delivers pricing power |
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Strong cash flow generation
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Luxury Brand Segment – Harry Winston Inc. |
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Premier luxury brand commands premium position and pricing power |
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Opportunity for significant top line growth with improved operating performance |
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Global network of 21 strategically located retail sales salons |
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Exclusive timepiece wholesale network of 190 locations worldwide |
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Continue to strategically expand retail network and wholesale distribution channel |
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Diamond Market Outlook |
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Supply constrained; no new material supply expected for the next 10 years |
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Growing demand in emerging markets, particularly in China and India. China is expected to become the world’s largest luxury market between 2014 and 20161 |