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
Keith Peterson and Director until 2002. The Kitikmeot Corporation is the wholly owned Inuit Birthright development corporation of the Kitikmeot Inuit Association. They invest land claims payments in business ventures to create economic wealth for Kitikmeot Inuit. From 1991 until 2004 Peterson provided political, social and business advice to the Kitikmeot Inuit Association. He was the KIA's lead negotiator for benefits agreements with Northwest Territories and Nunavut based mines, including Echo Bay Mines (Lupin Mine), Tahera Diamonds (Jericho Diamond Mine), Miramar Gold Mine (until he was elected MLA), BHP Ekati (Ekati Diamond Mine), and Diavik Diamond Mine. He was a member of