Canadian diamonds The Ekati Diamond Mine is Canada's first underground diamond operation, and is owned by Dominion Diamond Mines. To date, Ekati has produced nearly 40 million carats of uncut diamond stones out of 6 open pit mines. The Renard diamond mine is Quebec's first diamond mine. The mine is expected to produce an average of 1.6 million carats per year over an initial 14-year mine life. The Snap Lake Diamond Mine is located northeast of Yellowknife as well, not far from Diavik. Snap lake is owned by De Beers and was their first mine outside of Africa. Snap Lake is also
Dominion Diamond Mines Ekati combined are estimated to produce over 7 million carats of diamonds in 2014, worth an estimated $1.1 billion. Diavik and Ekati are currently ranked the 9th and 19th largest diamond mines in the world, respectively, according to total carat production. The company's participation in the retail segment of the diamond pipeline was by means of its ownership of Harry Winston, Inc., a chain of retail stores. On January 14, 2013 the company announced that it has entered into an agreement to sell its luxury brand diamond jewelry and timepiece division, Harry Winston Inc., to The Swatch Group Ltd. for