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Ekati mine
Washington Companies in Talks to Buy Dominion
Dominion Diamond Corp, the third-largest diamond producer by value, is in advanced talks with the Washington Companies on a cash-takeover bid, news agencies reported.Negotiations are focused on the two sides settling on a price for the Canadian diamond...
Mining Jul 16, 2017 Rapaport News
Dominion 140x95
Dominion’s Diavik Production -15%, Diamond Recovery -24%
Dominion Diamond Corporation saw a 15 percent year-on-year drop in diamond processing from the Diavik Diamond Mine to 480,000 tonnes in the third quarter.The decrease in the three months through September resulted from the fact that...
Mining Oct 19, 2015 Rapaport News
Diavik Mine
Dominion Diamond Shareholders Elect Board of Directors
Shareholders of Dominion Diamond Corporation elected all nominees presented for election to board of directors at the 2015 annual meeting. The mining company's board includes Graham G. Clow, Robert A. Gannicott, Daniel Jarvis, Tom Kenny, Manuel...
Mining Jul 15, 2015 Jeff Miller
Ekati Underground
Dominion Diamond's 1Q Rough Diamond Sales +7%
Dominion Diamond Corp.'s rough diamond sales rose 7 percent year on year to $187.7 million in the first quarter that ended on April 30. Revenue from the company's Ekati diamond mine jumped 37.3 percent to $127.4...
Rough Markets May 22, 2015 Jeff Miller
Ekati Mine
Dominion Diamond's Full-Year Sales Jump 22%
Dominion Diamond Corporation reported that its sales rose 3.2 percent year on year to $240.6 million in the fourth quarter that ended on January 31. Cost of sales dropped 10.9 percent to $179.8 million, driving up gross...
Financial-Legal Apr 09, 2015 Jeff Miller
Ekati Mine
Dominion Updates Ekati Reserves Statement
Dominion Diamond Corporation filed its technical report, as required under National Instrument 43-101, for the Ekati diamond mine, which includes an updated mineral reserves and mineral resources statement. In the report, Dominion Diamond...
Mining Mar 13, 2015 Jeff Miller
Ekati Mine
Dominion Diamond Completes Prefeasibility Study on the Jay Project
Dominion Diamond Corporation completed a prefeasibility study on its Jay kimberlite pipe deposit, which is located within the buffer-zone joint-venture property of the Ekati diamond mine in Canada’s Northwest Territories. The study evaluated Jay as a standalone...
Mining Jan 27, 2015 Jeff Miller
Diavik Mine
Diavik's 4Q Diamond Production -25%
The Diavik diamond mine's production dropped 25 percent year on year to 1.54 million carats in the fourth quarter that ended on December 31. Diamond recovery weakened as a result of lower realized grades in all three ore bodies...
Mining Jan 19, 2015 Jeff Miller
Ekati Mine
Dominion Diamond Records 3Q Profit of $34M
Dominion Diamond Corporation reported that production, sales and profit were all stronger than expected during the third quarter that ended on October 31. Profit rose to $33.6 million compared with a loss of $6.5...
Financial-Legal Dec 12, 2014 Jeff Miller
Ekati Mine
Dominion Diamond Appoints Interim Chairman and CEO
Robert Gannicott, the chairman and CEO of Dominion Diamond Corp., is taking medical leave that is expected to continue until mid-February for an undisclosed issue. While Gannicott is away, board member Dan Jarvis will assume the...
Mining Nov 20, 2014 Jeff Miller
Ekati Mine
Dominion Diamond Provides Financial Security for Ekati
Dominion Diamond Corporation posted surety bonds with the Northwest Territories in the aggregate amount of $221 million (CAD 253,473,000) to secure its obligation under a water license to reclaim the Ekati mine site. As a result, Dominion...
Mining Nov 07, 2014 Jeff Miller
Ekati Mine
Dominion Diamond May Face Union Wrath Over Flights Issue
Dominion Diamond Corporation has said that it will stop flying employees from Edmonton to its Ekati diamond mine to reduce costs, the Canadian Broadcasting Corporation (CBC) reported. However, union representatives may be setting up for...
Mining Sep 14, 2014 Ronen Shnidman
Diavik Diamond Mine, Courtesy: Diavik Diamond Mine
Dominion Diamond Reports Profit of $27M, Gross Margin Jumps
Dominion Diamond Corporation reported that its profit rose to $26.6 million in the second quarter that ended on July 31, compared with a loss of $13.9 million one year earlier. Meanwhile, rough diamond sales rose...
Financial-Legal Sep 03, 2014 Jeff Miller
Ekati Underground
Dominion Diamond's 2Q Revenue +6% to $277M
Dominion Diamond Corporation reported that rough diamond sales rose 5.9 percent year on year to $277.3 million for the second quarter that ended on July 31. The company sold 1.511 million carats, representing...
Financial-Legal Aug 19, 2014 Jeff Miller
Diavik Mine
Dominion Increases Diavik's 2014 Production Forecast
Diamond production at the Diavik diamond mine in Canada rose 38 percent year on year to 2.15 million carats in the second quarter that ended on June 30, according to Dominion Diamond Corporation. Diavik's rough diamond production for...
Rough Markets Jul 16, 2014 Jeff Miller
Ekati Mine
Fipke Holdings to Sell Ekati Share to Dominion Diamond
Dominion Diamond Corporation entered into an agreement with C. Fipke Holdings Ltd. to acquire its stake in the Ekati diamond mine for $67 million, subject to adjustments to reflect joint venture contributions and distributions since June...
Financial-Legal Jul 09, 2014 Jeff Miller
Ekati Mine
Dominion Diamond's 1Q Sales +61%, Profit at $11M
Dominion Diamond Corporation reported that revenue improved 61 percent year on year to $175.5 million in the first quarter that ended on April 30. Cost of sales jumped 69 percent to $137.7 million and gross margin slipped to 21.6...
Mining Jun 11, 2014 Jeff Miller
Diavik Mine
Dominion Diamond's FY Sales Approach $752M
Dominion Diamond Corporation reported that its sales rose 118 percent year on year to $751.9 million, while its cost of sales surged 143 percent to $650.8 million for the fiscal year that ended on January...
Financial-Legal Apr 02, 2014 Jeff Miller
Diavik Diamond Mine, Courtesy: Diavik Diamond Mine
Dominion Updates Diavik, Ekati Mine Plans
The Diavik diamond mine in Canada will produce 6.1 million carats from 1.9 million tonnes of ore during 2014, Dominion Diamond Corp. reported following an update to its mine plan for the year.Diavik, has...
Mining Mar 17, 2014 Deena Taylor
Ekati Mine
Dominion Diamond Reports Loss of $4M, Rough Sales +79%
Dominion Diamond Corporation reported that rough diamond sales rose 78.8 percent year on year to $151.64 million for the third quarter that ended on October 31. One year ago, before the mining company...
Mining Dec 10, 2013 Jeff Miller
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