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Diavik Mine Reserves Decrease to 53M Carats
Mar 9, 2016 10:15 AM
By Rapaport News
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RAPAPORT... Dominion
Diamond Corporation reported proven and probable mineral reserves at the Diavik
Diamond Mine in Canada declined to 52.8 million carats as at the end of last
year, a reduction of 500,000
on an annual basis.
The biggest proportion of the reserves were in underground
mines, which had proven and probable reserves of 42.6 million carats, while
open-pit mines contributed 10 million carats, according to a statement March 8,
which states reserves on a 100-percent basis.
Dominion owns 40 percent of the Diavik mine in Canada’s
Northwest Territories, with Rio Tinto holding the rest. Dominion also owns 88.9
percent of the Ekati Diamond Mine in the same region.
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Tags:
Canada, Diavik, Diavik Diamond mine, Dominion Diamond Corporation, northwest territories, open-pit mines, Rapaport News, reserves, Rio Tinto, underground mines
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