Dominion Diamond chairman-CEO on medical leave to mid-February

TORONTO – The chairman and CEO of Toronto-based Dominion Diamond Corp. (TSX:DDC) has taken a medical leave until next February.

The company said Robert Gannicott, who is in his mid-sixties, will undergo medical treatment but his condition wasn’t disclosed in its statement.

During the Gannicott’s absence, the chairman’s position on Dominion Diamond’s board of directors will be filled by long-time director Dan Jarvis while the role of CEO will be filled by Brendan Hall, currently executive vice-president.

According to the company, it’s the world’s third-largest producer of rough diamonds as measured by value.

Besides being majority owner of the Ekati mine in Northwest Territories, Dominion Diamond also has a 40 per cent stake in the Diavik diamond mine — also in the N.W.T. — through a joint venture with Rio Tinto PLC.