By Shane Lasley
Mining News
Burgundy set to buy Ekati diamond mine
North of 60 Mining News - March 14, 2023
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Last updated 3/23/2023 at 5:55pm
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 other interests...
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