Canadian diamonds a 20% ownership of the mine, and since its discovery and start of operation in 1998, Ekati has produced over 40 million carats of diamonds. The discovery and later success of this diamond mine caught the attention of other major mining operations, and more massive mines were opened and fully operational within 10 years. Located approximately 53 miles southeast of the Snap Lake Diamond Mine, the Gahcho Kue Diamond Mine Project is one of the richest diamond mines in Canada with an expected lifespan of 11 years. It is estimated that 54,000,000 carats will be recovered during the mine's lifetime.
Luarica diamond mine of ore at an ore grade of per 100 cubic meters (43.2 mg/m³). There is a waste rock overburden of about 9.5 million cubic meters. Mining operations were suspended in May 2009 due to a decline in diamond demand caused by the late-2000s financial crisis. Trans Hex announced in August 2011 that it planned to withdraw from its two Angola joint-ventures with Endiama—Luarica and Fucauma—after failing to reach an agreement with the government of Angola (which owns the other major partner, Endiama). Endiama stated that it planned to restart operations alone. Luarica diamond mine The Luarica diamond mine is a