In November, the purchase of Ekati Diamond Mine by Washington Companies was finalized. A transition team worked with Government of the Northwest Territories, Government of Canada and Aboriginal leadership to get all of the approvals in place. DDEC will continue to operate as a standalone, private company, under the Washington Companies. Patrick Evans is the new Chief Executive Officer.
The Washington Companies, founded by industrialist and entrepreneur Dennis R. Washington, are privately held companies active in the core industries of mining, rail and marine transportation, aviation, environmental remediation and restoration services, and heavy equipment sales and service. The companies are headquartered throughout Montana, the Pacific Northwest and western Canada and conduct business internationally.
Dominion Diamond Corporation Announces Completion of Plan of Arrangement