Victor Diamond Mine Victor Diamond Mine The Victor Diamond Mine is the first Canadian diamond mine located in Ontario, and De Beers' second diamond mine in Canada (after the Snap Lake Diamond Mine). It is located in the Northern Ontario Ring of Fire, in the James Bay Lowlands west of Attawapiskat in the remote northern part of the province. In June 2005, the Attawapiskat First Nation voted in favour (85.5%) of ratifying the Impact Benefit Agreement (IBA). Construction of the mine began in February 2006 which created 3200 positions; mining and operations will create around 400 permanent positions. The Victor Mine is an
Luarica diamond mine of ore at an ore grade of per 100 cubic meters (43.2 mg/m³). There is a waste rock overburden of about 9.5 million cubic meters. Mining operations were suspended in May 2009 due to a decline in diamond demand caused by the late-2000s financial crisis. Trans Hex announced in August 2011 that it planned to withdraw from its two Angola joint-ventures with Endiama—Luarica and Fucauma—after failing to reach an agreement with the government of Angola (which owns the other major partner, Endiama). Endiama stated that it planned to restart operations alone. Luarica diamond mine The Luarica diamond mine is a