|Company||Shear Diamonds Ltd.|
|Year of acquisition||2010|
The Jericho Diamond Mine is a dormant diamond mine located in Canada's Nunavut territory. Jericho is Nunavut’s first and only diamond mine. It is located 420 km (260 mi) northeast of Yellowknife, Northwest Territories and is accessible by air all year and by winter road from Yellowknife. The project was mined from 2006 to 2008, and produced 780,000 carats (156 kg; 344 lb) of diamonds from 1,200,000 tonnes (1,200,000 long tons; 1,300,000 short tons) of kimberlite mined from the open pit operation. Over $200 million was invested in the development of the Jericho operations including the construction of a 2,000 t (2,000 long tons; 2,200 short tons) per day diamond recovery plant, maintenance facility, fuel farm, and offices and accommodation for 225 personnel.
On July 19, 2010 Shear Diamonds (née Shear Minerals Ltd) (TSX-V : SRM), a diamond exploration company focused on the Nunavut region, announced its purchase of the Jericho Diamond Mine. In late 2010, Shear announced that it would take about a year to devise a plan to reopen the mine. Shear began processing the existing recovery reject pile in early 2012, selling the recovered stones to Belgian diamond firm Taché, which provided a revolving line of credit. However, operations were suspended in September, as Shear, citing "limited funds and significant operations", has sought to minimize expenditures. Taché has given notice of default on certain covenants of their investment agreement, but is working with Shear to find funding or a purchaser.
The mine was developed, opened and operated by Tahera Diamond Corporation. The company was provided with CAN $35 million loan by Tiffany & Co. to assist in construction of the site, as part of a marketing alliance. The mine produced diamonds from 2006 to February 2008, and was Tahera's only mining operation. The company reported financial losses in 2007 due to operational difficulties, the high value of the Canadian dollar, high oil prices, and the short operating season of the Tibbitt to Contwoyto ice road in 2006. Tahera filed for protection from creditors in January 2008, and the mine stopped recovering diamonds once existing ore stockpiles ran out, one month later.
There is no registered airport at the site, so all heavy equipment had to be brought in by the Tibbitt-to-Contwoyto winter road. Due to the remoteness of the site, the mine was part of the impetus for a proposal to build a port near the community of Bathurst Inlet with a road to both the Diavik Diamond Mine and the Ekati Diamond Mine.
The mine was estimated to be able to produce 375,000 carats (75 kg; 165 lb) a year with a value of CAN $25 million. In the first half of 2006 the mine had processed 210,000 t (210,000 long tons; 230,000 short tons) for 126,918 carats (25 kg; 56 lb).
The Northwest Territories is a federal territory of Canada. At a land area of approximately 1,144,000 km2 (442,000 sq mi) and a 2016 census population of 41,790, it is the second-largest and the most populous of the three territories in Northern Canada. Its estimated population as of 2020 is 45,161. Yellowknife is the capital, most populous community, and only city in the territory; its population was 19,569 as of the 2016 census. It became the territorial capital in 1967, following recommendations by the Carrothers Commission.
Yellowknife is the capital, only city, and largest community in the Northwest Territories, Canada. It is on the northern shore of Great Slave Lake, about 400 km (250 mi) south of the Arctic Circle, on the west side of Yellowknife Bay near the outlet of the Yellowknife River.
The Ekati Diamond Mine ("Ekati") is Canada's first surface and underground diamond mine. It is located 310 km (190 mi) north-east of Yellowknife, Northwest Territories, and about 200 km (120 mi) south of the Arctic Circle, near Lac de Gras. Until 2014 Ekati was a joint venture between Dominion Diamond Mines (80%), and the two geologists who discovered kimberlite pipes north of Lac de Gras, Chuck Fipke and Stewart Blusson each holding a 10% stake in the mine, until Fipke sold his share to Dominion.
The Diavik Diamond Mine is a diamond mine in the North Slave Region of the Northwest Territories, Canada, about 300 km (190 mi) northeast of Yellowknife.
Lupin Mine was a gold mine in Nunavut Territory, Canada. It opened in 1982 and was originally owned and operated by Echo Bay Mines Limited, who in 2003 became a fully owned subsidiary of Kinross Gold Corporation.
There are an estimated 850 km (530 mi) of roads and highways across the Canadian territory of Nunavut, which is the only province/territory not connected by road to other parts of Canada.
Bathurst Inlet, officially Kiluhiqtuq, is a deep inlet located along the northern coast of the Canadian mainland, at the east end of Coronation Gulf, into which the Burnside and Western rivers empty. The name, or its native equivalent Kingoak, is also used to identify the community of Bathurst Inlet located on the shore. Melville Sound opens into the eastern side of the inlet at Cape Croker, west of the Hurd Islands.
Bathurst Inlet,, is a small Inuit community located in Bathurst Inlet in the Kitikmeot Region of Nunavut, Canada. As of the 2016 census the population remained at zero.
Alan Keith Peterson was born in Whitehorse, Yukon, Canada and lives in Cambridge Bay, Nunavut. He was the [Member of the Nunavut MLA] for the electoral district of Cambridge Bay having won the seat in the 2004 Nunavut general election. He was re-elected in the 2008 and 2013 elections.
Tahera Diamond Corporation was a Canadian diamond mining company headquartered in Toronto, Ontario. Tahera's Jericho Diamond Mine was Canada's third, and Nunavut's first, diamond mine.
Canadian diamonds are diamonds which have been mined in any one of the major Provinces and territories of Canada. Diamond-rich areas weren't commercially extracted in Canada until the early 1990s. Before that time, diamonds were only known by Indigenous communities. For the first 60 years of the 20th century, diamonds originated from kimberlite pipes and alluvial deposits in places such as Africa and some from South America. Later, diamond discoveries were made in the Soviet Union. Since the 1990s, major diamond discoveries were made and mining operations began. Canadian diamonds play a large role in the world market of diamonds.
The Gahcho Kué Diamond Mine is located on the Canadian tundra in the Northwest Territories. It is situated at Kennady Lake, in the Akaitcho Treaty 8 Territory claim block, which is 85 km (53 mi) southeast of the Snap Lake Diamond Mine and approximately 280 km (170 mi) east northeast of Yellowknife. The site is served by Gahcho Kue Aerodrome, which has both an ice runway in winter and a year-round gravel runway, and a spur of the Tibbitt to Contwoyto Winter Road from Lupin Mine. the main camp is at, north of the ice strip, with a smaller site at , south of the runway.
Contwoyto Lake is a lake in the Kitikmeot Region of the Canadian territory of Nunavut, located near the border with the Northwest Territories. With a total area of 957 km2 (369 sq mi), it is the territories' tenth largest lake.
Tibbitt to Contwoyto Winter Road is an annual ice road first built in 1982 to service mines and exploration activities in the Northwest Territories and Nunavut in Northern Canada. Between 400 and 600 km long, the road is said to be the world's longest heavy haul ice road and operates for eight to ten weeks starting in the last week of January. Most of the road (85%–87%) is built over frozen lakes, 495 km (308 mi), with the remaining 73 km (45 mi) built on over 64 land portages between lakes. The ice road was the location of the first season of Ice Road Truckers.
Highway 4, known as the Ingraham Trail, extends from Yellowknife, Northwest Territories to Tibbitt Lake, approximately 70 km (43 mi) east of Yellowknife. It was built in the mid-1960s as the first leg of a 'road to resources' with the original intention of encircling Great Slave Lake.
The Mining industry of Ghana accounts for 5% of the country's GDP and minerals make up 37% of total exports, of which gold contributes over 90% of the total mineral exports. Thus, the main focus of Ghana's mining and minerals development industry remains focused on gold. Ghana is Africa's largest gold producer, producing 80.5 t in 2008. Ghana is also a major producer of bauxite, manganese and diamonds. Ghana has 20 large-scale mining companies producing gold, diamonds, bauxite and manganese, and, there are also over 300 registered small scale mining groups and 90 mine support service companies.
The Mary River Mine is an open pit iron ore mine on Inuit Owned Land (IOL) operated by the Baffinland Iron Mines Corporation (BIMC), in the Mary River area of Qikiqtaaluk Region, Baffin Island, Nunavut, in the Canadian Arctic Archipelago. As of 2021, Mary River mine operation consists of an open-pit mine, two work camps for hundreds of workers, a tote road—from the Mary River site to Milne Inlet—and a port infrastructure at Milne Inlet. According to a 4-year study published in 2008, the Mary River Mine, with its four massive iron ore deposits of 65-70% pure iron ore was "one of the most promising undeveloped iron deposits on the planet". It was not until technological advances were in place in 2010, and the market for iron ore had dramatically increased that sizable financial backing for the high cost of development in a remote region known for its inhospitable climate, was available. The mine began operations in 2014, and the first shipment to Europe arrived in 2015. Baffinland is currently planning on expanding the mine. In February 2021, a group of Inuit hunters blockaded access to the mine for a week to protest the expansion.
This timeline of Yellowknife history summarises key events in the history of Yellowknife, a city in the Northwest Territories, Canada.
This is a list of Ice Road Truckers Season 1 episodes.
The Bathurst Inlet Port and Road Project is a plan to build an all-weather road from Bathurst Inlet in Nunavut to a complex of mines that are approximately equidistant between Bathurst Inlet and Yellowknife, NWT. There are no paved roads between Yellowknife and the mines, so they have relied on shipping supplies to the mines over winter-time ice roads. However, in 2005, there was a particularly warm winter, and the ice roads weren't safe for a long enough period to bring in supplies.