(42) stories found containing 'dominion diamond mines'
Sorted by date Results 1 - 25 of 42
Burgundy set to buy Ekati diamond mine
Agrees to $136M deal to acquire full ownership of Northern Canada diamond mine. Toward its goal of building a balanced portfolio of the world's best diamond projects in favorable jurisdictions,... — Updated 3/23/2023
Minerals hunt in NWT turns 'critical'
Mining activity in Northwest Territories held steady in 2022 despite constraints imposed by the ongoing COVID-19 pandemic as a cadre of mainly junior mining companies took up the international... — Updated 1/17/2023 Full story
Sky-high success, feet firmly on the ground
It all began in 1991, when geologists Charles E. Fipke and Stewart Blusson found 81 small diamonds at Lac de Gras in Northwest Territories, Canada, marking the first diamond pipe discovery in North... — Updated 7/21/2022 Full story
Canada's territories brace for pandemic
The territories of northern Canada, so far, appear to have escaped the novel coronavirus pandemic that is currently sweeping the globe. This is due, in part, to the remoteness of the region. But... — Updated 2/4/2022 Full story
2021 Yukon exploration bounces back
Mining exploration and production activity soared in Yukon Territory in 2021 thanks to high metals prices, pro-industry government policies, and mounting successes in the field. Bouncing back from s... — Updated 1/26/2022 Full story
Rio Tinto now sole owner of Diavik Mine
In a deal that bolsters certainty for the future of the Diavik Mine and Northwest Territories' economy, Rio Tinto has acquired full ownership of this iconic diamond operation in Canada's Arctic.... — Updated 12/2/2021
NWT miners clear 2020 hurdles
For many mining companies eyeing prospects in Canada's far north, 2020 presented insurmountable challenges. But for the few explorers and producers focused on Northwest Territories, the year proved... — Updated 1/28/2021 Full story
Dominion to recall Ekati Mine employees
Dominion Diamond Mines Nov. 13 announced it will be recalling roughly 60 furloughed employees to prepare for an anticipated restart of its Ekati diamond mine in Northwest Territories. In mid-March,... — Updated 11/25/2020
Explorers guard 2018 spending
Explorers seeking new mineral discoveries in the Northwest Territories are expected to spend less in 2018 than the C$90 million they shelled out collectively last year. Natural Resources Canada... — Updated 10/28/2020 Full story
Pandemic curbs diamond mining, markets
Though world diamond markets remain closed after their shutdown this spring in response to the COVID-19 pandemic, diamond mining in Canada's North is showing signs of life. One mine, Ekati, shut... — Updated 9/26/2020
China, U.S. investors take the long view
Until novel coronavirus ignited a global pandemic that plunged the world economy into recession, foreign investors, except for a lucky few, have salivated from afar over the bountiful mineral... — Updated 9/26/2020
COVID-19 shutters Ekati, owner insolvent
Northwest Territories' mining sector took a major blow with the news that Dominion Diamond Mines, majority owner of the Ekati diamond mine and 40% owner of the Diavik diamond mine has filed for inso... — Updated 9/26/2020 Full story
Exploration underway at LDG diamond JV
North Arrow Minerals Inc. Feb. 27 said a geophysical survey program is underway at LDG (Lac de Gras), a 147,200-hectare (363,700 acres) diamond property in Northwest Territories being explored... — Updated 9/26/2020
Diamonds in Anchor kimberlite at LDG
North Arrow Minerals Inc. Jan. 15 reported microdiamond results from the 2019 drilling of the Anchor kimberlite at LDG (Lac de Gras), a 147,200-hectare (363,700 acres) diamond property in Northwest... — Updated 9/26/2020
Mine co-owner seeks diamonds next door
The quest for diamonds at the Kennady North project next door to the Gahcho Kué Mine in Northwest Territories got a boost on Feb. 27 when owner Mountain Province Diamonds Inc. reported plans to beg... — Updated 9/25/2020
552-carat diamond unearthed at Diavik
Dominion Diamond Mines Dec. 13 said the largest known gem quality diamond ever found in North America was unearthed at Diavik, a mine in Northwest Territories owned 40 percent by Dominion and 60... — Updated 9/25/2020
Mines drive growth across Canada's North
New gold mines are expected to drive strong economic growth in Nunavut and Yukon over the next several years, according to the latest Territorial Outlook published by The Conference Board of... — Updated 9/25/2020
Diavik partners showcase Stars of the Arctic
Rio Tinto and Dominion Diamond Mines Oct. 1 revealed three of the finest large rough diamonds recovered from their Diavik Mine in Northwest Territories. Collectively known as The Diavik Stars of... — Updated 9/25/2020
Territory stumbles in race for riches
Northwest Territories may fall behind Canada's two other territories in mining activity in the near-future, but projects underway in the northern jurisdiction hold substantial promise for mid- to... — Updated 9/25/2020
Mining fuels economic growth in the North
Mining is expected to fuel strong economic growth in Nunavut and Yukon in the coming years, according to The Conference Board of Canada's latest Territorial Outlook. "With many new mining projects... — Updated 9/25/2020
North Arrow discovers kimberlite at Loki
North Arrow Minerals Inc. April 5 announced the discovery of a new kimberlite during a 607-meter drill program carried out this winter at the company's Loki diamond project in the Lac de Gras... — Updated 9/24/2020
Bumpy ride ahead for NWT mining
While mining activity remained strong in the Northwest Territories in 2019, industry and government officials alike worried that the robust sector, driven largely by production at three diamond... — Updated 8/14/2020 Full story
North Arrow lands Naujaat diamond plant
North Arrow Minerals Inc. is exploring seven diamond projects in Canada – Naujaat, Mel and Luxx in Nunavut; Lac de Gras (LDG) and Loki in Northwest Territories; Pikoo in Saskatchewan; and... — Updated 8/14/2020
ME2018: Dominion Diamond Mines
The Washington Companies, a group of privately held North American mining, industrial and transportation businesses founded by industrialist and entrepreneur Dennis Washington, acquired Dominion... — Updated 11/23/2018 Full story
ME2018: North Arrow Minerals Inc.
North Arrow Minerals Inc. is focused on the identification and evaluation of its seven diamond projects in Canada – Naujaat, Mel and Luxx in Nunavut; Lac de Gras and Loki in Northwest Territories;... — Updated 11/1/2018 Full story