Dominion Diamond Mines ULC announced today that it has completed the previously announced sale of the Ekati Mine and associated assets to Arctic Canadian Diamond Company Ltd. , a company formed and owned by funds and accounts managed by DDJ Capital Management, Brigade Capital Management, LP and Western Asset Management Company, LLC. The Alberta [...]
Testing of employees travelling from the South to the Ekati Mine on December 23, 2020 has detected a single case of COVID-19. The individual is asymptomatic, feeling well and has been isolated within the quarantine wing established at the mine site. Upon notification of the case, the Company enacted the mine’s detailed Trigger Action Response Plan [...]
Dominion Diamond Mines ULC announced today that it has received approval from the Alberta Court of Queen’s Bench of the asset purchase agreement among Dominion and its affiliates as sellers and DDJ Capital Management, LLC and Brigade Capital Management, LP . Under the Agreement, an entity to be controlled by DDJ and Brigade would acquire [...]
Dominion Diamond Mines ULC and certain affiliates announced today that they have settled an asset purchase agreement with DDJ Capital Management, LLC and Brigade Capital Management, LP , both investment managers to holders of the Company’s second lien notes. Under the agreement, an entity to be controlled by the Bidders would acquire substantially [...]
Dominion Diamond Mines ULC announced today that it will be recalling approximately 60 furloughed employees effective early December, 2020 in order to prepare for an anticipated restart of the Ekati Mine. Dominion has been informed by the banks that comprise its senior secured lenders and an ad hoc group of holders of Dominion's second lien notes [...]
Dominion Diamond Mines ULC provided an update today on its previously announced sales and investment solicitation process and the stalking horse bid submitted by Canadian Diamond Holdings, L.P. and CA Canadian Diamond Mines ULC , affiliates of the Washington Companies, for the purchase of certain of Dominion’s assets. Dominion has been advised that [...]
Dominion Diamond Mines ULC announced today that the stalking horse bid submitted by Canadian Diamond Holdings, L.P. and CA Canadian Diamond Mines ULC, affiliates of the Washington Companies is the successful bid under the sales process approved by the Court of Queen’s Bench of Alberta on June 19, 2020. No other qualified bids were submitted for the [...]
Dominion Diamond Mines ULC announced today that it has signed a letter of intent with an affiliate of The Washington Companies under which an entity to be managed by Washington would acquire substantially all of Dominion’s assets for approximately US$126 million in cash and the assumption of substantially all of Dominion’s operating liabilities [...]
Dominion Diamond Mines ULC announced today that it and certain of its affiliates have filed for insolvency protection under the Companies’ Creditors Arrangement Act and obtained an order from the Alberta Court of Queen’s Bench granting Dominion protection under the CCAA. Dominion intends to use the CCAA process to engage in discussions with its [...]
Earnings Call Replay Information The Dominion Diamond Mines ULC Investor Portal has been updated with information regarding playback details of the Q2 earnings call that was held on Wednesday July 31, 2019 at 12PM EST. Notification regarding details of this earnings call have been provided through Dominion Diamond’s automated email alert [...]
The Dominion Diamond Mines ULC Investor Portal has been updated with details regarding the upcoming earnings call to be held on Wednesday July 31, 2019 at 12PM EST. Notification regarding details of the original call, replay information and presentation material have been provided through Dominion Diamond’s automated email alert system. If [...]
The Dominion Diamond Corp. Mines ULC Investor Portal has been updated with information regarding playback details of the Q1 earnings call that was held at 11AM EST on Friday May 24, 2019. Notification regarding details of this earnings call have been provided through Dominion Diamond Corp.’s automated email alert system. If you are not [...]