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Gahcho Kué Mine Poised for 1Q Launch
Aug 4, 2016 1:57 AM
By Rapaport News
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RAPAPORT... De Beers and Mountain Province started a formal ramp-up of
diamond production at the Gahcho Kué mine in Canada, with commercial
operations on track to come on stream in the first quarter of 2017.
The process plant at the mine in the Northwest Territories has
been commissioned and ore is being fed to it.
Gahcho Kué is the largest new diamond mine under
construction anywhere in the world, De Beers said. It is expected to produce an
average of 4.5 million carats per year over its anticipated life of 13 years.
De Beers holds a 51-percent stake and Mountain Province owns the rest.
“Gahcho Kué will not only strengthen De Beers in Canada, but
ensure Canada remains the third leading diamond producer, by value, in the
world,” said Kim Truter, chief executive officer of De Beers Canada. “We
are excited to see this project move into the production phase.”
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Tags:
Canada, De Beers, Gahcho Kué, mountain province, northwest territories, Rapaport News
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