Aber, Now Harry Winston, Interested in Canadian Mine

By Rob Bates -- JCK Online, January 1, 2008

With rumors rampant that Canada's Diavik Mine will be sold as a result of the possible Rio Tinto-BHP merger, the mine's junior partner says it's interested in buying the whole thing. "If it were for sale, yes, of course we would [buy it]," Robert Gannicott, the chief executive officer of Harry Winston, told Reuters.

Harry Winston, which was known as Aber Resources prior to that company's purchase of the famed retail chain, owns 40 percent of Diavik. Rio Tinto owns the rest.

Meanwhile, the renamed company has begun trading securities on the New York Stock Exchange under the ticker symbol HWD. Harry Winston will continue to trade on the Toronto Stock Exchange under the new ticker symbol HW. Trading in the company's common stock on Nasdaq ceased at the close of market on Nov. 16, 2007.