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Dominion Ekati 150
Dominion in Flux as CEO Resigns
Patrick Merrin has stepped down as interim CEO of Dominion Diamond Mines, deeming it “appropriate” to focus on his position at the rough producer’s parent company.Merrin, who is chief operating officer at the Washington Companies, took on the lead...
Mining Oct 20, 2020 Leah Meirovich
Ekati
Two Parties Interested in Buying Dominion
Two companies have expressed interest in acquiring Dominion Diamond Mines, according to an affidavit by its former CEO Brendan Bell.Those parties, who were not named in the June 12 legal filing, have signed non-disclosure agreements that...
Mining Jul 07, 2020 Rapaport News
Virginia Drosos Signet
2017’s Diamond Merry-Go-Round
The past year has seen a number of changes in management-levelemployees within the diamond industry. Here’s a breakdown of the new faces anddepartures for 2017: Alrosa CEO Andrey Zharkov stepped down to besucceeded by former Sberbank senior...
Polished Markets Dec 26, 2017 Rapaport News
Patrick Evans
Patrick Evans to Be New Dominion Chief
Dominion Diamond Corporation’s new owner has appointedPatrick Evans as CEO of the Canada-based miner.Evans (pictured) will take charge of Dominion once the WashingtonCompanies’ $1.2 billion acquisition of the rough producer closes later thisyear, the...
Mining Aug 10, 2017 Rapaport News
Dominion Ekati mine
Dominion Seals $1.2B Takeover by Washington
The Washington Companies will acquire Dominion DiamondCorporation for $1.2 billion, the firms said in a joint statement Monday.Washington, a mining group founded by entrepreneur DennisWashington, has agreed to buy all shares in Dominion for $14.25 each...
Mining Jul 17, 2017 Rapaport News
Ekati
Dominion, Stornoway in Merger Talks: Report
Dominion Diamond Corporation and Stornoway DiamondCorporation have held discussions over a merger, Reuters reported this week, asDominion continued to denigrate a separate takeover offer from the Washington Companies.The merger talks cover the possibility...
Mining Mar 22, 2017 Rapaport News
Ekati
Dominion Sales Fall After Ekati Fire
Annual sales at Dominion Diamond Corporation slumped 21percent due to a fire at one of its mines and sluggish demand for smaller roughstones, the company said Wednesday.Revenue slid to $570.9 million in the fiscal year that endedJanuary...
Mining Feb 23, 2017 Rapaport News
Brendan Bell Dominion
Dominion CEO Quits Before Move to Calgary
Dominion Diamond Corporation’s chief executive officerBrendan Bell will stand down in the wake of the miner’s prospective move to Calgary.A process to find a new CEO is underway with Bell committing to the role until June 30 to facilitate...
Mining Jan 30, 2017 Rapaport News
Ekati
Fire Drags Dominion to Operating Loss
Dominion Diamond Corporation reported somber thirdfiscal quarter results as a fire at its Ekati mine in Canada led to $22.4 million in fixed or standby costs of running the mine.Sales slumped 29 percent to $102.7 million in the threemonths that ended...
Mining Dec 12, 2016 Rapaport News
Dominion 140x95
Dominion Appoints Bell as CEO
Dominion Diamond Corporation said Brendan Bell, who has been serving as acting CEO since November 2014, will officially assume the role, effective July 31, 2015. Robert Gannicott has returned from medical...
Mining Jul 13, 2015 Ronen Shnidman
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