Who owns Snap Lake diamond mine?
De Beers
It was also Canada’s first completely underground diamond mine. Construction began with the opening of an access winter road in 2005. By the end of 2013, De Beers had spent US$1.8 billion on construction and mine operation….Snap Lake Diamond Mine.
| Location | |
|---|---|
| Active | 2008 – 2015 |
| Owner | |
| Company | De Beers |
| Website | De Beers Canada |
When did Snap Lake mine close?
It opened in July 2008 and was expected to operate for 15 years. But it closed after just seven and a half years of operation, as diamond prices fell and the company was unable to address ongoing issues of meeting water quality standards set for the underground mine.
How many mines are there in Yellowknife?
The North’s vast land is home to seven operating mines.
Where is Snap Lake Canada?
The Snap Lake mine is located 220km north-east of Yellowknife, in Canada’s Northwest Territories. De Beers has owned the mine since 2000. The construction and commissioning of the underground crushing and conveying system was completed in 2008. Commercial production commenced in 2008 at a production rate of 3,150t/d.
What does De Beers have to do with Attawapiskat?
Leadership of the Attawapiskat First Nation is saying that Anglo American and Botswana have a choice to make: order De Beers to transport ALL of the mine waste that can be reused or recycled through the winter road it has maintained for the last many years, to markets and facilities where it can have future value.
Is De Beers publicly traded?
De Beers Diamond Jewelers, based in South Africa, has been the leading miner and reseller of diamonds for over 100 years, controlling over 85 percent of the supply, according to CNN. Though De Beers does not trade on a public exchange, investors can buy De Beers stock.
Who bought Echo Bay Mines?
Kinross Gold
TORONTO (CBS.MW) – Kinross Gold said Monday it’s buying Echo Bay Mines, TVX Gold and part of a Newmont Mining joint venture for $1.7 billion to create one of the world’s 10 largest gold producers.
Where are De Beers mines located?
It operates in 35 countries and mining takes place in Botswana, Namibia, South Africa, Canada and Australia. From its inception in 1888 until the start of the 21st century, De Beers controlled 80% to 85% of rough diamond distribution and was considered a monopoly.
What are the issues with the De Beers diamond mine and Attawapiskat?
Attawapiskat First Nation accuses former Ontario diamond miner De Beers Group of disposing demolition waste from its decommissioned Victor Mine in a “vulnerable” wetland environment of cultural significance.
Where is the Victor mine?
northern Ontario
VICTOR MINE OVERVIEW Victor Mine is located in the James Bay Lowlands of northern Ontario, approximately 90 km west of the coastal community of Attawapiskat First Nation. It is Ontario’s first diamond mine and the second in Canada for De Beers.
Where is the Snap Lake Diamond Mine in Canada?
Snap Lake Mine is a remote fly-in/fly-out operation located about 220 km (140 mi) northeast of Yellowknife, Northwest Territories, and, according to De Beers, was the first De Beers mine outside of Africa. It was also Canada’s first completely underground diamond mine. Construction began with the opening of an access winter road in 2005.
Where is the Snap Lake kimberlite mine located?
The remaining 15% of De Beers is owned by the Government of the Republic of Botswana (GRB). The Snap Lake kimberlite is found on the northwest shore of Snap Lake and extends to the southeast under the lake. It is hosted within sediments and volcanics of the Yellowknife Supergroup.
How big is the mine at Snap Lake?
A completely underground diamond mine, the Snap Lake ore body is a 2.5 metre thick dyke that dips an average of 12-15° from the northwest shore down under the lake. It is unlike most diamond-bearing kimberlite deposits which are known as ‘pipes’ due to their conical or carrot-like shape.
What did dnjv do for Snap Lake Diamond Mine?
DNJV also provided earthmoving and construction services to develop site infrastructure, which included the construction of facilities pads, a fuel tank farm, pipe benches, 6 kilometres of all-weather site roads, a 3,500-foot airstrip with a 1,500-foot extension, two lined processed kimberlite containment dams, and other earthworks.