Dominion Diamond reaches deal to sell Ekati mine in Canada

Mining News Pro - Dominion Diamond Mines said on Monday it reached a deal to sell its Ekati mine in Canada`s Northwest Territories to holders of its second lien notes, eight months after seeking bankruptcy protection amid a worldwide upheaval in the diamond industry.

Dominion Diamond Mines to restart Ekati in December

Mining News Pro - Dominion Diamond Mines, the company that owns a controlling interest in the Ekati mine in Canada’s Northwest Territories, announced that some 60 employees will be called back to the operation for an anticipated restart.

Rio asks court to OK sale of Dominion’s diamonds

Mining News Pro - Global miner Rio Tinto is seeking court approval to sell its partner’s share of diamonds from a mine in Canada’s Northwest Territories, a filing this week showed, hoping to recover around C$120 million plus legal fees and other costs.

Dominion takes on Rio subsidiary over alleged contract breach

Mining News Pro - Struggling Canadian miner Dominion Diamond Mines has filed a lawsuit in the Supreme Court of British Columbia, suing global miner Rio Tinto’s subsidiary Diavik Diamond Mines Incorporated (DDMI).

Dominion Diamond unveils plan to avoid bankruptcy

Mining News Pro - Canada’s Dominion Diamond Mines has unveiled a transaction that would allow it to exit court protection from creditors and access short-term operating funds, which would pave the way to eventually restart its idled Ekati mine in Canada’s Northwest Territories.

CEO joins executive exodus at Dominion Diamond

Mining News Pro - Dominion Diamond CEO Patrick Evans has left the company, marking at least the third high-profile departure in less than a year at the Canadian miner, which is owned by billionaire Dennis Washington.

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