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Vol. 10, No. 52 Week of December 25, 2005
Providing coverage of Alaska and Northwest Canada's mineral industry


MINING NEWS: Diamond find in ‘big rabbit country’

Gahcho Kué in the Northwest Territories will be De Beers’ third Canadian mine, producing 3 million carats annually

Sarah Hurst

Mining News Editor

De Beers, the world’s largest diamond company, is rapidly making itself at home in snow-bound Canada, thousands of miles from its base in South Africa. On the heels of its Snap Lake mine in Northwest Territories and the Victor mine in northern Ontario, De Beers filed permit applications in late Nove....

    [additional news subjects in this story]

Gahcho Kué applications filed

Three kimberlite deposits

Capital costs C$825 million


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