Welcome To Dominion Diamond Corp Hub On AGORACOM
On March 26, 2013 Harry Winston Diamond Corporation completed the sale of its Harry Winston luxury brand business to the Swatch Group Ltd. As a condition of this transaction the Company name has now been changed to Dominion Diamond Corporation and will trade on both the Toronto and New York stock exchanges under the symbol DDC. Dominion Diamond Corporation is focused on the mining and marketing of rough diamonds to the global market from attractive operating mine assets that present low political risk. Our business encompasses 40% of the Diavik Diamond Mine in Canada’s Northwest Territories and rough diamond sorting and sales operations in Canada, Belgium and India. The Company is in the process of purchasing an 80% interest in the Ekati Diamond Mine, also located in the Northwest Territories of Canada, as well as a control interest in surrounding areas containing significant prospective resources. The Company expects the closing of the transaction will occur on or about April 10, 2013. The outlook for diamond prices remains positive, driven by growing world demand and diminishing mine supply. Dominion Diamond Corporation, with its new focus, world class assets, and a track record dating back to 1994, is the largest diamond mining entity by market capitalization and is ideally positioned to reward investors with profitable, low risk, near-term growth. Please check back as our web site evolves to reflect our exciting new identity.