The mining newspaper for Alaska and Canada's North

Ekati finds a new home with Burgundy

Acquires diamond mine from Arctic Canadian for US$136M North of 60 Mining News - July 5, 2023

Burgundy Diamond Mines Ltd. has finalized its acquisition of the Ekati diamond mine in Canada's Northwest Territories, adding another precious stone mine to its portfolio.

Already a 40% partner with North Arrow Minerals Inc. at the Naujaat diamond project in Nunavut, Burgundy closed a transaction on July 4 that provides the Australian diamond company full ownership of the world-class Ekati Mine, w...

 

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