Diavik Diamond Mine Diavik Diamond Mine The Diavik Diamond Mine is a diamond mine in the North Slave Region of the Northwest Territories, Canada, about northeast of Yellowknife. Diavik Diamond Mine is an industrial complex set in a remote, sub-Arctic landscape. It consists of four kimberlite pipes associated with the Lac de Gras kimberlite field and is located on an island in Lac de Gras and is informally called East Island. It is about south of the Arctic Circle. In the 2015 satellite image below, one can see the two main open pits, waste rock pile, and an airstrip capable of landing aircraft
Jericho Diamond Mine on certain covenants of their investment agreement, but is working with Shear to find funding or a purchaser. The mine was developed, opened and operated by Tahera Diamond Corporation. The company was provided with CAN $35 million loan by Tiffany & Co. to assist in construction of the site, as part of a marketing alliance. The mine produced diamonds from 2006 to February 2008, and was Tahera's only mining operation. The company reported financial losses in 2007 due to operational difficulties, the high value of the Canadian dollar, high oil prices, and the short operating season of the Tibbitt to