subject: the world's fine diamonds [print this page] the world's fine diamonds the world's fine diamonds
Two mines are operated in this area - the Diavik and Ekati mines. The third big mine, called Jericho-3 just started mining operations in 2005 in Nunavut. A fourth mine called Snap Lake-4, which is in Northern Ontario (and quite a bit south of the other three Tiffany 1837 mines) is scheduled to begin production in 2007.Charles Fipke and Stewart Blusson, the geologists who originally discovered the vein of Kimberlite, own Canada's first diamond mine, the Ekati Mine, along with the Australian mining conglomerate BHP Billton. This treasure trove is expected to be in production for the next two decades.
It currently produces four per cent of the world's fine diamonds.The Diavik mine is cooperatively owned by a British mining called Rio Tinto PLC and the the Aber Diamond Corp that is based in Toronto, Ontario. It has been in production since 2003. It produces 8,000,000 carats of diamonds. This mine sells $100,000,000 worth of gemstones a year. This mine is expected to be in production for the next two decades and is currently responsible for providing 5% of the worlds gemstone quality diamonds.The Jericho-3 mine is located near the north end of Contwoyto Lake in West Kitikmeot in the Canadian Territory of Nunavut.
All diamonds mined in this conscientious country come with a Canadian Triple Guarantee, which assures the quality and purity of the rock.In the last thirty years, Canada has risen to become one of the top three producers of gemstone quality diamonds in the world. Although South Africa produces the most diamonds, many of them are for industrial and technological uses. Currently Canada is the third top producer of diamonds for Tiffany 1837 bracelets behind Botswana and Russia.Two of the largest diamond mines in Canada are located very near and just north of the city of Yellowknife in the North West Territories.
