News

A union leader who represents workers at N.W.T.’s Ekati diamond mine says he’s feeling hopeful after reading the most recent ...
Ekati’s Misery underground diamond mine, located roughly 2 km from Point Lake in Canada's Northwest Territories will continue ...
Australian miner Burgundy Diamond Mines laid off several hundred employees and contractors and suspended operations at its Point Lake diamond mine in Canada due to record-low diamond prices, a ...
Burgundy Diamond Mines Ltd. laid off “several hundred” workers after halting part of its Ekati operations in northern Canada, adding another blow to the country’s struggling diamond mining ...
The closure in July of the Point Lake part of the Ekati complex in the Northwest Territories is the latest blow to Canada’s ...
Perth-based Burgundy Diamond Mines has announced layoffs and a temporary suspension of its Canadian operations, citing challenging market conditions. In a statement to the market today, Burgundy ...
As consumers have grown less worried about whether their diamonds are mined or made, many have turned to cost-friendly lab ...
TORONTO, July 17 (Reuters) - Australian miner Burgundy Diamond Mines laid off several hundred employees and contractors and suspended operations at its Point Lake diamond mine in Canada due to ...
Burgundy Diamond Mines says it's laid off several hundred employees and contractors and has temporarily stopped open pit mining at Point Lake — one of its two active operations at the Ekati Diamond ...
WATCH | Northern mining industry takes a hit as lab-grown diamond popularity surges: Just last week, Burgundy Diamond Mines announced it would be laying off hundreds of employees and temporarily ...
It plans to reduce operating costs by $1.4-$1.6 million monthly and cut 20% of it workforce at its Letšeng mine in Lesotho.