16-09-2020 19:38 via calgary.ctvnews.ca

Bid accepted to exit creditor protection and restart Ekati Diamond Mine

The owner of the Ekati Diamond Mine in the Northwest Territories says it plans to return the suspended project to full operating status after accepting a “stalking horse bid” by an affiliated buyer to allow it to exit court protection from creditors. Dominion Diamond Mines ULC says the bid submitted by Canadian Diamond Holdings, LP and CA Canadian Diamond Mines ULC, affiliates of the Washington Companies, was the only qualified bid made under a sales process approved by the Court of
Read more »