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On
December 4, 2015, De Beers announced that due to a drop in the market price of diamonds and a necessary costly license exemption they would stop production of diamonds at the Snap Lake Mine, putting it into "care and maintenance" state so that it could be re-opened at a later date if so desired.
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The mine began commercial production on
January 16, 2008 and was officially opened on July 25, 2008. In 2013, Snap Lake Mine provided 776 person years of employment, including 274 person years of employment to Northwest Territories residents, close to the 300 NWT resident employees predicted during
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Construction began with the opening of an access winter road in 2005. By the end of 2013, De Beers had spent US$ 1.8 billion on construction and mine operation. Of that total, De Beers spent US$ 1.3 billion with
Northwest Territories-based contractors and suppliers, including US$
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the mine’s environmental assessment. Approximately 400 people are working at the mine on any given day. Lifetime of the mine was estimated to be about 15 years. Resource estimates suggest 16.1 million carats over life of mine.
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was a remote fly-in/fly-out operation located about 220 km (140 mi) northeast of
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Approximately 70 employees would remain on the site as a result, but 434 were laid off.
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Diamond mine in the
Northwest Territories of Canada operated by De Beers from 2008-2015
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as part of the special feature 'Daily Planet Goes North – More Ice for the Arctic'.
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outside of Africa. It was also Canada's first completely underground diamond mine.
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422:"N.W.T.'s Snap Lake diamond mine halts operation, De Beers says"
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723 million with
Aboriginal businesses or joint ventures.
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400:"Daily Planet Goes North – More Ice for the Arctic"
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work outside the ore processing and recovery plant.
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A mining truck exiting the mine portal, winter 2006
450:"Digging for Diamonds 24/7 Under Frozen Snap Lake"
683:2008 establishments in the Northwest Territories
330:. De Beers Canada. May 28, 2009. Archived from
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81:220 km (140 mi) northeast of
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246:The Snap Lake mine was featured in
668:Mines in the Northwest Territories
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518:Subsidiaries and joint ventures
328:"Snap Lake: Project Factsheet"
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308:Volcanism of Northern Canada
673:Underground mines in Canada
617:Harry Frederick Oppenheimer
263:The mine was served by the
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372:"De Beers Analyst Seminar"
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356:. DeBeers. Archived from
252:, a television series on
231:, was the first De Beers
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663:Diamond mines in Canada
541:Diamond Trading Company
525:Anglo American Platinum
586:Snap Lake Diamond Mine
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130:63.60556°N 110.86667°W
63:Snap Lake Diamond Mine
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225:Northwest Territories
95:Northwest Territories
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135:63.60556; -110.86667
458:, November 24, 2008
402:. Discovery Channel
303:Diavik Diamond Mine
254:The History Channel
207:Year of acquisition
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612:Ernest Oppenheimer
511:Anglo American plc
360:on April 24, 2012.
298:Ekati Diamond Mine
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69:Location in Canada
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471:Snap Lake project
334:on April 24, 2012
265:Snap Lake Airport
249:Ice Road Truckers
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258:Daily Planet
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622:John Parker
546:Element Six
431:December 4,
384:November 3,
221:Yellowknife
177:2008 - 2015
133: /
121:110°52′00″W
109:Coordinates
83:Yellowknife
657:Categories
338:August 13,
314:References
146:Production
118:63°36′20″N
576:Minas-Rio
90:Territory
678:De Beers
641:Category
559:Palabora
536:Debswana
530:De Beers
280:See also
229:De Beers
191:De Beers
155:Diamonds
151:Products
78:Location
39:Location
555:(63.4%)
290:loaders
271:Closure
197:Website
187:Company
161:History
101:Country
600:People
581:Mafuta
569:Assets
532:(85%)
475:Flickr
426:CBC.ca
174:Active
166:Opened
104:Canada
561:(17%)
455:Wired
375:(PDF)
182:Owner
433:2015
408:2008
386:2014
340:2009
288:Two
233:mine
210:2001
169:2008
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342:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.