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Diavik Diamonds Project

Category: Event
Date: 1 January 1992
Location:Northwest Territories, Canada
Subject Matter:Housing, Construction and Infrastructure | Employment and Training | Mining and Minerals
Summary Information:
The Diavik Diamonds Project is Canada's second diamond mine and is centred on a large 20 square kilometre island, informally called East Island, in Lac de Gras.

Construction of the project cost (CAN) $1.3 billion with the first diamonds delivered in January 2003. At full production Diavik will produce between 6-8 million carats per year, or approximately 5 per cent of the world's diamond supply. The mine has a 20 year life based on a resource base of 138 million carats.

The Diavik Project is an unincorporated joint venture between Diavik Diamond Mines Inc. (DDMI) (60 per cent) and Aber Diamond Mines Ltd. (40 per cent). Both companies have headquarters in Yellowknife. DDMI is the Project manager and responsible for the development of the Diavik Diamonds Project and supplies information to Aber on a regular basis about the Project's progress. Aber pays 40 per cent of the Project costs and has the right to receive 40 per cent of any diamonds produced.

Related Entries

Agreement
  • Yellowknives Kwe K'a Ndi Participation Agreement with Diavik Diamond Mines Inc. - Requirement
  • Dogrib Treaty 11 Council Participation Agreement with Diavik Diamond Mines Inc. - Requirement
  • Lutsel K'e Dene Band Participation Agreement with Diavik Diamond Mines Inc. - Requirement
  • Kitikmeot Inuit Association Participation Agreement with Diavik Diamond Mines Inc. - Requirement
  • North Slave Metis Alliance Participation Agreement with Diavik Diamond Mines Inc. - Requirement
  • Diavik Diamonds Project Environmental Agreement
  • Diavik Diamonds Project Socio-Economic Monitoring Agreement - Requirement
  • Organisation
  • Aber Diamond Mines Ltd. - Partner
  • Diavik Diamond Mines Inc. - Partner
  • Yellowknives Dene First Nation
  • Lutsel K'e Dene Band
  • Kitikmeot Inuit Association
  • North Slave Metis Alliance
  • Dogrib Treaty 11 Council
  • Environmental Monitoring Advisory Board for the Diavik Diamond Mine - Requirement
  • Diavik Project Communities Group Advisory Board - Requirement
  • Legislation
  • Canadian Environmental Assessment Act 1992, c 37
  • People
  • Dogrib First Nation People

  • References

    Resource
    Diavik Diamond Mines History

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