Press Releases
Arctic Canadian Diamond Company Limited, including Ekati Diamond Mine, to be sold to Burgundy Diamond Mines Limited
Arctic Canadian Diamond Company Ltd. has entered into a binding share purchase agreement with Burgundy Diamond Mines Limited, a company publicly traded in Australia (ASX:BDM). Burgundy has agreed to acquire 100 per cent of Arctic Canadian’s assets, most notably Ekati Diamond Mine in Canada’s Northwest Territories, as well as other…
Read MoreArctic Canadian Diamond Company Recovers Canada’s Largest Fancy Vivid Yellow Diamond
Arctic Canadian Diamond Company (“Arctic Canadian”) is pleased to announce the recovery of an exceptional gemstone – a beautiful octahedron diamond, weighing in at 71.26 carats. The stone was recovered on August 25, from the Ekati Mine Misery Pipe, in Canada’s Northwest Territories. Industry experts have confirmed it is likely…
Read MoreURM development goes into next phase: Arctic Canadian Diamond Company awards IHC Mining with contract for underwater mining crawler
Arctic Canadian Diamond Company (“Arctic Canadian”) and IHC Mining have reached the next important milestone in the development of the underwater remote mining (URM) system for the extraction of diamond-bearing kimberlite ore from deep open pits at the Ekati Diamond Mine in the Northwest Territories of Canada. Arctic Canadian has…
Read MoreArctic Canadian Diamond Company and IHC Mining Jointly Developing Innovative Underwater Remote Mining System
Arctic Canadian Diamond Company (“Arctic”) and IHC Mining have reached an important milestone in the development of an underwater remote mining (URM) system for the extraction of diamond-bearing kimberlite ore from deep open pits at the Ekati Diamond Mine in the Northwest Territories of Canada. The URM system consists of…
Read MoreRory Moore Appointed President & CEO of Arctic Canadian Diamond Company
Arctic Canadian Diamond Company (“Arctic”) announced today that Rory Moore has been appointed to the position of President and Chief Executive Officer effective immediately, following his serving as Interim President through the period of restarting and ramping up operations at the Ekati Diamond Mine. Dr. Moore’s appointment was unanimously endorsed…
Read More