30 Sep 2022
DiamondWorld Directory
-
Home |
News
Home
Victor Mine to Complete Mining and Production Activities in Q1 2019
The mine was forecast to produce six million carats during its mine life and has already exceeded these projections, producing approximately seven million carats to date, and it will continue to operate at full production throughout its remaining life.
By: Diamond World News Service
|
Nov 24 2017 5:20PM
|
Reference: 15845  

DecreaseIncrease

De Beers Group announced that its Victor mine in northern Ontario, Canada, will complete mining and production activities in the first quarter of 2019, once the current open pit is depleted and in line with the original feasibility study and current mine plan.

Production at Victor mine commenced in July 2008. The mine was forecast to produce six million carats during its mine life and has already exceeded these projections, producing approximately seven million carats to date, and it will continue to operate at full production throughout its remaining life.

The Victor mine team has been recognised for its exemplary performance throughout the life of the operation, with the mine being named International Mine of the Year in 2009 and twice receiving the John T. Ryan National Award for the safest mine in Canada, in 2015 and 2016.

De Beers developed a detailed mine closure plan before Victor mine opened and progressive reclamation work has already been taking place at the mine for several years. To date, this has included the planting of more than 200,000 tree saplings and willow stakes that were harvested and grown locally through a community youth work programme.

Once the mine pit has been depleted in 2019, the demolition and environmental monitoring phase is expected to take three to five years. De Beers is working closely with community partners to create opportunities for employment and awarding contracts that will be required during this phase.

Kim Truter, Chief Executive, De Beers Canada, said: “Victor mine has made a significant contribution to De Beers and to Canada, and the Victor mine team has consistently delivered the highest standards of performance and safety. While we are focused on continuing to maintain production for the duration of operations, we are also planning responsibly for Victor mine’s closure in line with the agreed mine plan and our commitment to leaving a positive legacy.”

De Beers has been operating in Canada since it carried out its first exploration programme in 1961. The Victor kimberlite cluster discovery in 1987 by De Beers Exploration was the first economic diamond discovery in Canada. In 2016, De Beers with its joint venture partner, Mountain Province Diamonds, opened the Gahcho Kué diamond mine in Canada’s Northwest Territories, the largest new diamond mine to open in more than a decade.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
 
*  Name:
 
*  Mobile:
 
*  Email:
 
 
Subscribe for DiamondWorld weekly Newsletter
 
Advertisement
DWWeeklypost
Search News by City
Advertisement
DWsubscription
Recent Issue
2022
AVAILABLE NOW...!
News in Pictures
Videos
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 31494
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 8887
GJEPC Chairman Interview
Views: 27659
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 38655
Promo for IJ Awards 2012 at NDTV Profit
Views: 56462
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 67939
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 21497
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 50412
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 52239
Member of:
Supporter of: