Dermot Desmond’s diamond boss exits Canadian mine

So far, including the fifth sale, Mountain Province’s sales have earned it just over $70 million

Barry J Whyte

Chief Feature Writer @whytebarry
2nd July, 2017
Dermot Desmond

Dermot Desmond’s Canadian diamond mine company has parted ways with its chief executive and ramped up its diamond sales in the last month as its share price continues to languish.

Last week, following the announcement that the company’s long-term chief executive Patrick Evans had agreed to leave the company with immediate effect, Mountain Province told the markets that it had earned more than US$21 million from its fifth auction of diamonds.

...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Jack Dorsey is leaving Twitter but what comes next?

The Big Interview: Brian Stafford, chief executive of Diligent Corporation

Elaine Byrne: Ethics watchdog is a bystander when it comes to misbehaviour

Editorial: Voters reluctant to fork out for full cost of a united Ireland