Canadian diamonds The Ekati Diamond Mine is Canada's first underground diamond operation, and is owned by Dominion Diamond Mines. To date, Ekati has produced nearly 40 million carats of uncut diamond stones out of 6 open pit mines. The Renard diamond mine is Quebec's first diamond mine. The mine is expected to produce an average of 1.6 million carats per year over an initial 14-year mine life. The Snap Lake Diamond Mine is located northeast of Yellowknife as well, not far from Diavik. Snap lake is owned by De Beers and was their first mine outside of Africa. Snap Lake is also
Jericho Diamond Mine On July 19, 2010 Shear Diamonds (née Shear Minerals Ltd) (), a diamond exploration company focused on the Nunavut region, announced its purchase of the Jericho Diamond Mine. In late 2010, Shear announced that it would take about a year to devise a plan to reopen the mine. Shear began processing the existing recovery reject pile in early 2012, selling the recovered stones to Belgian diamond firm Taché, which provided a revolving line of credit. However, operations were suspended in September, as Shear, citing "limited funds and significant operations", has sought to minimize expenditures. Taché has given notice of default