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Court approves plan to shut down Tahera Diamond Corp.'s Jericho Mine


Last updated 12/28/2008 at Noon

Tahera Diamond Corp. Dec. 15 said it got court approval to cease operations at the Jericho Mine in Nunavut on Dec. 13.

The Department of Indian and Northern Affairs Canada, meanwhile, intervened under territorial law and intends to retain Tahera's former employees to conduct ongoing care and maintenance of the defunct diamond mine.

Toronto-based Tahera said the shutdown and government takeove...

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