Author photo

By Shane Lasley
Mining News 

Burgundy set to buy Ekati diamond mine

North of 60 Mining News - March 14, 2023


Last updated 3/23/2023 at 5:55pm

A 71.3-carat yellow diamond with a gemologist loupe and tweezers.

Arctic Canadian Diamond Company

This 71.26-carat fancy vivid yellow diamond was recovered last year at the iconic Ekati Mine in Northwest Territories.

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, Australia-based Burgundy Diamond Mines has agreed to pay US$136 million (A$209 million) to acquire full ownership of Arctic Canadian Diamond Company Ltd.'s world-class Ekati Diamond Mine and oth...

For access to this article please sign in or subscribe.


Reader Comments(0)


Our Family of Publications Includes:

Mining News
Metal Tech News

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2023

Rendered 09/30/2023 13:33