Monday, March 27, 2017

Dominion Diamond Corporation - DDC.t

Dominion Diamond Corporation - DDC.t is a Canadian diamond mining company with ownership interests in two major producing diamond mines in Canada’s Northwest Territories. The Company operates the Ekati Diamond Mine (88.9% controlling interest) and also owns 40% of the Diavik Diamond Mine.

The company is the world’s third largest producer of rough diamonds by value.

On March 27, 2017 the company reported News

Dominion Diamond Corporation (TSX:DDC, NYSE:DDC) (the “Company” or “Dominion”) today announced that its Board of Directors has formed a Special Committee (the “Special Committee”) to explore, review, and evaluate a range of potential strategic alternatives focused on maximizing shareholder value. The members of the Special Committee are Trudy Curran, Jim Gowans, David Smith and Josef Vejvoda.

The Special Committee, working together with the Company’s management team and advisors, will consider alternatives that could include the sale of the company or other strategic transactions.