Jericho Diamond Mine produce a year with a value of CAN $25 million. In the first half of 2006 the mine had processed for . Jericho Diamond Mine The Jericho Diamond Mine is a dormant diamond mine located in Canada's Nunavut territory. Jericho is Nunavut’s first and only diamond mine. It is located northeast of Yellowknife, Northwest Territories and is accessible by air all year and by winter road from Yellowknife. The project was mined from 2006 to 2008, and produced of diamonds from of kimberlite mined from the open pit operation. Over $200 million was invested in the development of the Jericho
Kelsey Lake Diamond Mine settled the lawsuit but in September 1997 Redaurum decided to liquidate its diamond properties to concentrate on exploration. The mine was operated sporadically until the operation was acquired by McKenzie Bay International Ltd. in 2000. McKenzie bought the mine management firm Diamond Co. from Chapter 11 bankruptcy, transferred all its assets to a subsidiary, Great Western Diamond Co., and invested $2 million in new equipment for the mine. In 2001, McKenzie tried to sell the mine to focus on mining vanadium after the price of that metal rose dramatically. However, due to a dispute with the landowner over royalty payments,