Inside De Beers Canada: Overview
Since 1888, De Beers has been involved in all aspects of the diamond business. From its mining operations across Africa, and most recently Canada, the company produces about 40 per cent of the world’s supply of rough diamonds.
De Beers has been active in Canada for nearly 50 years, growing from a small group of geologists in the field to having multiple offices and operations across the country. De Beers has two producing mines, one advanced exploration project and a targeted exploration strategy within Canada:
- Snap Lake Mine in the Northwest Territories is operational
- Victor Mine in northern Ontario is operational
- Gahcho Kué Project in the Northwest Territories is a joint venture with Mountain Province Diamonds.The project is in the advanced exploration stage and currently is in the analytical phase of permitting in the Northwest Territories.
- Exploration activities are targeted around the Victor Mine