The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 51 - 65 of 65
Dominion Diamond Corp. Sept. 10 released the results of a preliminary economic assessment for the Sable kimberlite pipe deposit located within the core zone of the Ekati diamond property in Northwest Territories, in which the company holds an 88.9 percent interest. The PEA envisions the recovery of 9 million carats of diamonds from 12.1 million tons of kimberlite over 10 years. This production, along with Jay, would supply ore to the existing Ekati process plant at its full...
DDC.TO: TSX Chairman: Robert Gannicott Chief Executive Officer: Brendan Bell Chief Operating Officer: Chantal Lavoie Dominion Diamond Corp. mines rough diamonds at the Ekati and Diavik mines, both located in Northwest Territories about 300 kilometers (190 miles) north of Yellowknife. The company operates the Ekati Diamond Mine through an 88.9 percent ownership of the project's Core zone as well as a 65.3 percent ownership in the Buffer zone. The 2015 exploration at Ekati focused on the Jay and Sable kimberlite pipes. Jay,...
Dominion Diamond Corp. Oct. 15 reported that its Diavik Diamond Mine in Northwest Territories produced 1.27 million carats of diamonds from 480,000 metric tons of ore during the third quarter of 2015. Diamonds recovered during the third quarter were 24 percent lower than output during the same period of 2014, reflecting a 15 percent drop in the amount of material processed and lower recovered grades from the A-154 South and A-418 kimberlite pipes. This was partially offset by...
Dominion Diamond Corp. Sept. 10 released the results of a preliminary economic assessment for the Sable kimberlite pipe deposit located within the core zone of the Ekati diamond property in Northwest Territories, in which the company holds an 88.9 percent interest. The PEA envisions the recovery of 9 million carats of diamonds from 12.1 million tons of kimberlite over 10 years. This production, along with Jay, would supply ore to the existing Ekati process plant at its full...
Dominion Diamond Corp. April 20 said Diavik Diamond Mine processing volumes for the first quarter of 2015 fell 19 percent compared to the first three months of last year. The company attributes this decrease to the lack of stockpile ore that was available last year; mining through an area of higher-than-normal dilution; and upgrades made to the crusher during the quarter, which led to reduced capacity. As a result, 1.5 million carats of diamonds were recovered during the... Full story
Dominion Diamond Corp. March 6 reported an updated reserves and resources statement, which adds 3.9 million metric tons containing roughly 13 million carats to the mineral reserves at the Diavik diamond mine in Northwest Territories. As of Dec. 31, 2014, the Diavik Diamond Mine had 18.1 million metric tons of proven and probable mineral reserves containing 53.3 million carats of diamonds. At the A-21 pipe, 3.7 million metric tons containing 10 million carats has been promoted to proven reserve from probable reserve material....
Dominion Diamond Corp. Feb. 23 reported annual production results for the Ekati and Diavik diamond mines in Northwest Territories. For the year ending Jan. 31, the company's Ekati mine produced 3.16 million carats of diamonds from 4.13 million metric tons of ore averaging 0.76 carats per metric ton, a marked improvement over the 1.66 million carats of diamonds from 3.36 million metric tons averaging 0.49 c/t for 2013. Dominion Diamond's 40 percent share of the mine production...
Thanks to recent progress in development of several major projects in 2014, the outlook for diamond mining in Northwest Territories is suddenly a lot brighter. This is especially good news for the territory's mining industry, which is largely dependent on the production of diamonds now and in the foreseeable future. This point was driven home most forcefully in "Measuring Success 2014: NWT Diamond Mines Continue to Create Benefits," a report recently released by the NWT & Nunavut Chamber of Mines. An update of a January 2013... Full story
After ushering in devolution in concert with implementing the first phase of a well-reasoned mineral development strategy, the Northwest Territories is eager to attract new mineral resource investment in 2014 in hopes of building on an uptick in exploration activity in recent years. "The Canadian North is the next frontier in mining and mineral development and nowhere is this more evident than in the NWT," said NWT Industry, Tourism, and Investment Minister David Ramsay. Home to the third-richest diamond resources in the...
DDC: TSX / NYSE Chairman and CEO: Robert Gannicott Chief Operating Officer: Chantal Lavoie Executive Vice President, Community Affairs: Brendan Bell Dominion Diamond Corporation mines rough diamonds at the Ekati and Diavik mines, both located in Northwest Territories about 300 kilometers (190 miles) north of Yellowknife. The company operates the Ekati Diamond Mine through an 80 percent ownership of the project's Core zone as well as a 58.8 percent ownership in the Buffer zone. In July, Dominion Diamond Corp. announced that th... Full story
Government policymakers in Canada and the Northwest Territories are joining mining companies in preparing for an employment boom that economists predict will swamp the North in the next three to five years. The anticipated surge in jobs is part of a nationwide wave of employment growth expected in the next decade. Canada will need 145,000 new workers in the mining sector along with 300,000 new workers in construction and 150,000 new workers in petroleum. The mining-driven Northwest Territories economy generates nearly 50...
Diamonds exploration heated up in the Northwest Territories in 2014 as more and more companies mounted campaigns aimed at identifying the next big discovery in a region that has already produced three operating diamond mines and one well-advanced mine project. "It's been an exciting season for us because on April 1, we took over management of mineral and oil and gas resources in the territory. Overall, we're seeing a consistent trend for exploration as well as a bit of a resurgence of interest in diamonds," Pam Strand,...
Northwest Territories is a land filled with vast mineral potential, rich in both resources and opportunity. Industry interest in this potential continues to rise and the Government of the Northwest Territories is actively working to ensure resource development is environmentally sustainable and benefits the residents, communities and businesses of the NWT. Currently, four mines are operating in the NWT: Dominion Diamond Corp.'s Ekati Diamond Mine, Rio Tinto's Diavik Diamond Mine, DeBeers' Snap Lake Diamond Mine and North...
Northwest Territories continued to benefit in 2013 from a recent surge of exploration interest. A vast expanse of mountains, forests and tundra that is roughly two-thirds the size of Alaska, the territory covers 1.17 million square kilometers (431,162 square miles). "We have, in the North, what the world wants - what emerging markets need," Northwest Territories Premier Robert "Bob" McLeod told an audience at a Prospects North gathering in Yellowknife Sept. 11. "We are the third-largest diamond producer in the world. In...
Droves of exploration companies have rushed to Yukon Territory in recent years to hunt for sizable deposits of gold, silver, copper, rare earth elements and base metals. Employing the most advanced geophysical and geochemical techniques available, along with their best hunches, these explorers, like others around the globe, are pulling out all the stops to find commercial quantities of the minerals currently riding the winds of strong demand and high prices. But noticeably absent from the list of lucrative commodities being...
