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The mine is owned by a joint venture between the Rio Tinto Group (60%) and Dominion Diamond Corporation (40%), and is operated by Yellowknife-based Diavik Diamond Mines Inc., a subsidiary of Rio Tinto Group. Commercial production commenced in 2003, and the lifespan of the mine is expected to be 16 to 22 years.
Snap Lake Mine was a remote fly-in/fly-out operation located about 220 km (140 mi) northeast of Yellowknife, Northwest Territories, and, according to De Beers, was the first De Beers mine outside of Africa. It was also Canada's first completely underground diamond mine. [1] Construction began with the opening of an access winter road in 2005.
A. ^ Harry Winston Diamond Mines owns 40% and Diavik Diamond Mines, which is 100% owned by the Rio Tinto, owns 60%. B. ^ Dominion Diamond Corporation owns 88.9% while Charles Fipke and Stewart Blusson each own 10%. C. ^ Mountain Province Diamonds owns 44%, De Beers Canada 51% and Camphor Ventures 4.9% D. ^ Pine Point and Port Radium are ghost ...
The Ekati Diamond Mine, often simply called Ekati, is Canada's first surface and underground diamond mine [1] and is owned by Burgundy Diamond Mines.It is located 310 km (190 mi) north-east of Yellowknife, [2] Northwest Territories, and about 200 km (120 mi) south of the Arctic Circle, near Lac de Gras.
Yellowknife's economy recovered in the 1990s due to a number of diamond mines located outside the city. As the largest city in the Northwest Territories, Yellowknife is the hub for mining, industry, transportation, communications, education, health, tourism, commerce, and government activity in the territory. [66]
Lac de Gras is a lake approximately 300 kilometres (190 mi) north east of Yellowknife, in the Northwest Territories of Canada. Lac de Gras was the centre of the diamond rush of the 1990s. There are two working, and one closed, diamond mines in the area, Diavik Diamond Mine, Ekati Diamond Mine, and the care and maintenance Snap Lake Diamond Mine.
Diamond company Harry Winston Diamond Corp. (NYSE: HWD) has agreed to purchase the Ekati diamond mine from the Canadian subsidiary of BHP Billiton PLC (NYSE: BHP) for $500 million. BHP owns 80% of ...
The Gahcho Kue Diamond Mine Project is a Canadian diamond mine located near Kennady Lake, 280 km northeast of Yellowknife, on federal land.The mine is held by the Gahcho Kue Joint Venture (De Beers 51%, Mountain Province Diamonds Inc. 44.1% and Camphor Ventures 4.9%). [8]