Showing posts with label Aber Company. Show all posts
Showing posts with label Aber Company. Show all posts

Friday, June 6, 2008

Aber Company Profile

Aber Company Profile



Aber Diamond Corporation (Aber) is a specialist diamond company with assets in the mining and retail segments of the diamond industry. Aber's principal asset is its 40% interest in the Diavik Diamond Mine, located in Canada 's Northwest Territories . Diavik is Canada 's second diamond mine, and began producing diamonds in November 2002. Aber received its first share of Diavik diamonds in January 2003 and made its first sale in March. Construction of the project took three years and cost Cdn$1.3billion. At full production Diavik will produce between 8-10 million carats per year, or approximately 7% of the world's diamond supply.

Aber is company with no peer. We do not operate the Diavik Mine. We are not an international, diversified mining company and we are not a small-cap exploration company. We are a company solely focused on the marketing of diamonds. Aber's market capitalization is, by a large margin, the largest in the world for a diamond-focused, public company.

The Diavik Mine is a world class mining asset that will offer Aber and its shareholders a premium earnings stream. We intend to outperform our sector in returning value to our shareholders. At the same time, we recognize significant potential to grow the value of the company through participation in the world of luxury diamond jewelry brands. Aber holds approximately a 53% interest in Harry Winston Inc., the premier retailer of diamond focused jewelry.

In a changing diamond world, Aber remains a pure equity interest in a uniquely profitable diamond orebody. Capitalizing on enhanced marketing opportunities. Redefining the value chain.

Contact Address:
Aber
P.O.Box 4569, Station A
Toronto, Ontario, Canada
M5W 4T9

Tel: (416) 362-2237
Fax: (416) 362-2230
E-mail: aber@aber.ca

For more details visit www.aber.ca