Who owns ekati diamond mine

When asked for comment, a spokesperson with the Arctic Canadian Diamond Company wrote in an email that "our relationship with our [impact and benefit agreement] communities and the North is very important to Arctic Canadian Diamond Company Ltd. As we emerge from the sale we will be working to connect with these important stakeholders on an ongoing basis.

Pseudonyms will no longer be permitted. By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. Please note that CBC does not endorse the opinions expressed in comments. Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. Carat production data has not been publicly available since then.

Dominion has an The remaining interest in the Core Zone is held by B. As part of an arrangement reached in June Dominion Diamond Mines ULC is operator and owns an approximate ninety 90 percent controlling interest.

Deposit Type. Mining Methods. Crushing and Grinding. Flow Sheet:. Commodity Units Diamond k carats 5, 3, 3, 1, 1, All production numbers are expressed as mineral.

Metrics Waste Commodity Production Costs:. Heavy Mobile Equipment as of July 31, Drill long hole Drill jumbo two boom Loader FEL Shovel hydraulic Truck haul Truck underground Truck water Job Title Name Profile Ref. May 29, Document Year Aerial view:. Forgot your password? February 3, Arctic Canadian Diamond Company Ltd. Capital expenditures planned. Sustaining costs. Capital expenditures. Operating Income. The filings also note that Dominion had been through three strategic review processes in the past five years — , , and then in Leading up to the arrangement with Arctic Canadian, the company had been canvassing the market for more than five months without generating any interest.

The mine is the second-largest non-government employer in the N. From the loss of employment, to the impact on contractors and aboriginal businesses, as well as on the impact benefit agreements Dominion held with local Indigenous groups, the consequences of an out-and-out bankruptcy would have been stark.

Part of that solution was the willingness of some contractors who were owed money to negotiate lower or delayed payments. There has been some concern around the use of surety bonds, rather than irrevocable letters of credit, as reclamation securities for Ekati.

The Ekati diamond mine.