RapNet


Rapaport News

 

Search Results

   

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail
Dominion Ekati ice road 150
Dominion Nears Deal to Restart Ekati
Dominion Diamond Mines plans to recall approximately 60 of its furloughed workers in December to prepare for a restart at its Ekati mine in Canada.Operations at the deposit, which has been shut since March due to Covid-19, will restart after...
Mining Nov 15, 2020 Rapaport News
Rough diamonds Dominion 150
Dominion Fights Rio Tinto Diamond Sale
Dominion Diamond Mines has asked a Canadian court to prevent Rio Tinto from selling its portion of rough diamonds from the Diavik joint venture, calling the sale unfair and unreasonable.Rio Tinto-owned Diavik Diamond...
Mining Nov 01, 2020 Rapaport News
Rough diamonds Dominion
Dominion Seeks Rescue Deal to Avoid Liquidation
Dominion Diamond Mines may have to enter liquidation if it fails to find a buyer or investor, chairman Brendan Bell warned in a court filing last week.The company has been seeking restructuring options after its planned sale of the...
Mining Oct 28, 2020 Rapaport News
rough diamonds Dominion 150
Rio Tinto Wants to Sell Dominion’s Diamonds
Rio Tinto has asked a Canadian court to allow it to sell its partner’s portion of rough diamonds from the Diavik mine to recoup more than CAD $120 million ($91.4 million) required to run the mine. Dominion...
Mining Oct 25, 2020 Rapaport News
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 mine
Dominion’s Ekati Sale Falls Through
Dominion Diamond Mines’ sale of Ekati is off the table after the buyer failed to agree on an arrangement with insurers to cover future costs of the site.Affiliates of the Washington Companies, Dominion’s owner, were due to acquire the...
Mining Oct 11, 2020 Rapaport News
Dominion Ekati 150
Dominion to Sell Ekati Mine for $126M
Dominion Diamond Mines has sold its Ekati mine in Canada to affiliates of its owner, the Washington Companies, for $126 million amid struggles with mounting debt.The offer came from Canadian Diamond Holdings and...
Mining Sep 17, 2020 Rapaport News
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
Rough diamonds in a loupe.
Rio Tinto Not Interested in Buying Out Dominion
Rio Tinto has no plans to purchase Dominion Diamond Mines’ 40% share in the Diavik site, the Australian company said in a court filing.The miner, which already owns 60% of Diavik and manages the site through...
Mining Jun 16, 2020 Rapaport News
Dominion
Dominion to Sell Assets in Bid to Avoid Bankruptcy
Dominion Diamond Mines has agreed to an asset sale that would allow it to resume mining operations and avoid bankruptcy.The deal, which is subject to court approval, would provide an affiliate of the Washington Companies — which purchased Dominion...
Mining May 24, 2020 Rapaport News
Dominion
Dominion Owes Creditors $820M
Dominion Diamond Mines owes a combined CAD 1.2 billion ($820 million) to banks and other creditors, according to a court document it filed as part of its insolvency petition.While a large portion is due to businesses in the Northwest Territories, where...
Mining May 06, 2020 Rapaport News
Dominion
Dominion Asks for More Time to Repay Debts
Dominion Diamond Mines has requested an extension to the insolvency protection it was awarded last week, stating that it needs more time to restructure its finances or find new investment.The miner asked the Alberta Court of the...
Mining Apr 28, 2020 Rapaport News
Rio Tinto
Govt. Allows Mining at Argyle to Continue
Mining at Rio Tinto’s Argyle deposit in Australia is proceeding as usual, despite a lockdown amid the coronavirus pandemic.The company has received full approval from the Western Australian state government to continue its production operations prior...
Mining Apr 06, 2020 Leah Meirovich
Dominion
Dominion Suspends Ekati Mining Operations
Dominion Diamond Mines has put all operations at its Ekati mine in Canada on hold indefinitely in an effort to protect workers from the coronavirus pandemic.The miner has suspended operations at the Northwest Territories site because of the...
Mining Mar 22, 2020 Rapaport News
Dominion
Dominion Appoints Interim CEO
Dominion Diamond Mines has named Patrick Merrin as its interim CEO, replacing Shane Durgin, who has left to pursue other opportunities. Merrin, who assumes the role with immediate effect, joined parent group...
Mining Feb 11, 2020 Rapaport News
De Beers Dominion
De Beers, Dominion Seek Canada Expansion
De Beers and Dominion Diamond Mines have submitted paperwork indicating their desire to expand exploration at their current projects in Canada.In a December 31 permit request to Canada’s Mackenzie Valley Land and Water Board, De Beers noted interest...
Mining Jan 06, 2020 Rapaport News
Fancy Color
Yellow Prices to Increase in 2019, Says FCRF
A reduced supply of vivid-yellow diamonds will drive a priceincrease this year, according to the Fancy Color Research Foundation (FCRF). “In the last three years we witnessed a substantial [quantity]of vivid yellows coming to market, mainly from...
Polished Markets Feb 05, 2019 Rapaport News
Ekati Mine 200
Dominion May Cut 150 Mining Jobs
Dominion Diamond Mines plans to lay off 150 employees at itsEkati mine in Canada’s Northwest Territories, according to union officials. “The employer’s intent is to replace these positions withcontracted workers by October 1, 2018, as a cost-cutting mechanism to increaseprofitability for...
Mining May 17, 2018 Rapaport News
Ekati Jay
Dominion Holds Off on Ekati Expansion
Dominion Diamond Mines has delayed a key extension to itsEkati mine for a second time as it assesses the project’s profitability, according to reports. The miner originally postponed the Jay expansion in June2016 because it determined that the...
Mining May 10, 2018 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
Previous 1 Next
Show articles per page




Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
  
twitter twitter
About Rapaport
Advertise with us