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
Gahcho Kue Diamond Mine for the Kennady Lake area and in Dene Suline means "Place of the Big Rabbit". The area, also known for Barren-ground Caribou, has been traditionally used by Dene from Lutselk'e and the Métis of Fort Resolution. In earlier times Tli Cho (Dogrib), also Dene, people used the area as well Gahcho Kue Diamond Mine The Gahcho Kué Diamond Mine is located on the Canadian tundra in the Northwest Territories. It is situated at Kennady Lake (), in the Akaitcho Treaty 8 Territory AK claim block, which is southeast of the Snap Lake Diamond Mine and approximately east northeast of Yellowknife.