Ekati Diamond Mine and Stewart Blusson who had been prospecting in the region for almost ten years, having found kimberlite indicator minerals as early as 1985. The Point Lake kimberlite was determined to be uneconomic, but its discovery precipitated one of largest staking rushes in mining history, covering most of the area between Yellowknife and the Arctic coast. There are 156 known kimberlite pipes within the Ekati block of claims, including the Point Lake pipe. Ekati officially began operations on October 14, 1998, and was operated by BHP Billiton Canada Inc., a part of the BHP Billiton Group, the world's largest diversified resources
Williamson diamond mine a result of this poor performance, Tanzania invited De Beers to purchase back into the mine, which the company did. In 1994 De Beers bought 75% of the Williamson mine, with Tanzania retaining the remaining shares. Since 1994, De Beers has acted to improve the performance of the Williamson diamond mine by trimming the work force, making capital investment in equipment, and bringing in expertise in technology, technique, and exploration. Although the mine is still viewed as a marginal performer due to its low ore grade, De Beers has identified avenues for development that would keep the mine operating into