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11th October, 2015
4
Dermot Desmond

Dermot Desmond has spent over $12 million to up his stake in a Canadian diamond mine located next to the Gahcho Kue project which he already has a significant holding in, writes Barry J Whyte and Jack Horgan Jones.

The billionaire financier held 23.6 per cent of miner Kennady before his latest investment, which has brought his combined shareholding with Bottin (International) Investments to 24.6 per cent.

Desmond is the ultimate beneficial investor of Bottin, which is based...

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