Dominion Diamond directors resign ‘for personal reasons’

Two directors at Dominion Diamond are stepping down “for personal reasons” just days after a group of shareholders urged the company to change its strategy.

The departure of Dr Fiona Perrott-Humphrey and Ollie Oliveira was announced in a short statement early on Thursday.

Dr Perrott-Humphrey, a financial journalist turned mining investment analyst, had been on the board for 18 months. Oliveira, a former senior executive with Anglo American and De Beers, joined the board a year earlier.

Dominion is the majority owner and operator of the Northwest Territories’ Ekati diamond mine. The company also owns 40 percent of a second NWT diamond mine, Diavik.

Earlier this week, the Canadian Press reported a group of unhappy Dominion shareholders had criticized the company for “misguided policies and missed opportunities”.

Shareholders’ criticism voiced in a letter included complaints about the company’s marketing strategy and overall business plan.

Dominion reported significantly lower Q3 diamond sales by volume in November, but this month said its plans to expand the Ekati mine remain on track.

Ollie Williams
Ollie Williams
Hello! I'm the one with the British accent. Thanks for supporting CJCD. To contact me, you can email me, find me on Twitter or call (867) 920-4663.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Crews continue to battle 12,000 ha Wood Buffalo fire amid rising temperatures

As crews continue to battle a wildfire that grew to more than 12,000 hectares in Wood Buffalo, Wildland officials are concerned about how rising temperatures, particularly in the Dehcho and South Slave regions could affect conditions. Over the weekend, the wildfire reportedly expanded from just under 300 hectares to about 12, 353 hectares in size.

Yellowknife City Council adopts new approach to encampments

Yellowknife City Council met today to discuss the city’s approach to encampments, as well as the proposed renaming of Franklin Ave. 

GNWT proposes changes to student funding and access to student files

The territory is looking to make changes to regulations about student financial assistance and is looking for public “feedback” on the proposed changes. The proposed amendments could help expand student access to financial benefits, while also expanding the GNWT’s ability to access student information.

Western premiers meet for 2026 conference

Premiers from across western Canada met earlier this week for the 2026 Western Premier’s Conference in Kananaskis, Alberta.  

Normal Wells school joins list of 35 schools in NWT with high lead

Another school in the N.W.T. shows elevated levels of lead in drinking water, with eight sites about 400 times above the maximum drinking water standards. A message from the GNWT issued this evening read that water samples from the Mackenzie Mountain School in Norman Wells showed elevated levels of lead and copper. Water samples from 18 of the 22 fixtures tested above the guidelines for lead. Nearly half of the outlets on site, 8 of 22 fixtures showed elevated levels of copper