Where are De Beers diamond mines in Canada?
Where are De Beers diamond mines in Canada?
De Beers has been active in Canada for more than 50 years, growing from a small group of geologists in the field to having multiple offices and operations in the country. We have two operating diamond mines in Canada, Victor in Northern Ontario and Gahcho Kué in the Northwest Territories.
What kind of company is De Beers Canada?
De Beers Canada belongs to the De Beers Group of Companies, the world’s leading diamond company. De Beers has been active in Canada for more than 50 years, growing from a small group of geologists in the field to having multiple offices and operations in the country.
Why did De Beers stop exploration in James Bay?
The De Beers diamond company has ceased exploration of the Tango extension near the Victor mine in the James Bay lowlands due to local pushback. A De Beers Canada spokesman says exploration of the Tango extension is the most cost-effective way forward as the Victor mine enters its sunset years.
How much money did De Beers spend on Victor Mine?
During production, Victor recovered 8.3 million carats of diamonds. De Beers Group spent $2.6 billion to build and operate the mine from 2006-2019, of which $677 million was spent with Indigenous businesses. The mine provided approximately 500 jobs annually, including about 100 to Indigenous people.
What are the priorities of De Beers Canada?
In response to the evolving COVID-19 pandemic, the priority of De Beers Group in Canada remains focused on the health, safety and wellbeing of employees, contractors and the communities in which we operate. By working with communities and understanding their priorities, we are making investments that are real, lasting, and make us proud.
When did De Beers open the Victor Mine?
It is also estimated that De Beers will contribute C$6.7 billion cumulative GDP impact for all of Ontario during the life of the Victor Mine. The Victor Mine reached commercial production in 2008 (six months ahead of schedule) and the Official Mine Opening took place in July 2008.