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By Gary Park
Mining News Calgary Correspondent 

NWT Diavik mine outlook muddied

Northwest Territories diamond mine trims 2004 production forecast because of mud surrounding ore body; Aber shares dip

 

Last updated 4/18/2004 at Noon



Low-grade ore has delivered a setback to the flourishing Diavik diamond mine in the Northwest Territories.

Toronto-based Aber Diamond, 40 percent operator of the joint venture with 60 percent partner Rio Tinto, said the material has forced it to revise this year's production target from 8.2 million carats to the "mid to upper range" of 7 to 8 million carats.

It said the problem is a "shell of...



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