| Risk and valuation analysis of the Diavik Project |
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| Title(s) of the Diavik Project |
 | Diavik Diamond Mines Inc.
Interest: 40% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Dominion Diamond Corporation does not operate the Diavik Diamond Mine. The mine is operated by Diavik Diamond Mines (2012) Inc., a subsidiary of Rio Tinto plc. Under the joint arrangement, Rio Tinto operates the mine and Dominion Diamond pays 40 per cent of the mine’s operating and capital costs while receiving 40 per cent of the mine’s diamond output. |
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| Location of the Diavik Project |
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The Diavik Diamonds mine is located in the Northwest Territories of Canada,The Diavik Diamond Mine is located on a 20 square kilometre island, informally called East Island, in Lac de Gras, approximately 300 kilometres by air northeast of Yellowknife, capital of Canada's Northwest Territories. The Arctic Circle is located 220 kilometres north of the mine
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| History of the Diavik Project |
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Construction of Diavik was completed in 2003 with production first commencing in January 2003.
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| Geology of the Diavik Project |
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The Diavik Mine is based on four diamond-bearing kimberlite pipes located within Lac de Gras. A key milestone in the project was the successful completion of a dike encircling the A-154 South and A-154 North orebodies, and its de-watering during Augu more...
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