NWT Diavik mine outlook muddied
Northwest Territories diamond mine trims 2004 production forecast because of mud surrounding ore body; Aber shares dip
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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 l...
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