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Gold/Mining/Energy : Canadian Diamond Play Cafi

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Recommended by:
Michael Mc Donough
Rocket Red
From: MadDogMike1/13/2016 8:01:40 PM
2 Recommendations   of 16206
 
Let the games begin.

--> DDC upheavel

Jan 13 (Reuters) - Dominion Diamond Corp said on Wednesday its executive chairman will step down and be replaced by Jim Gowans, a mining industry veteran, who will take over as non-executive chairman no later than April 30.

The Canadian diamond producer, which has been under pressure from an activist shareholder group, also said Josef Vejvoda has been appointed to the board. Vejvoda is a portfolio manager at Toronto-based K2 & Associates, which led the activist group.

The activist shareholders have made significant headway.

Might create many crosswinds in the CDN diamond industry.

LONG...PGD

EKIM
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