A Harry Winston press release stated that the company planned to proceed with development plans for the A-21 diamond pipe. At a cost of about half a billion dollars, the A-21 pipe would be expected to produce diamonds in five years' time.
The resulting increased productivity would extend the life of the mine for another six years past that date, taking the mine to the 20-year mark. The capital expenditure necessary to maintain the mine's life was calculated to be about $955 million. Meanwhile, the company's interest in the mine is only about $800 million, if based on proven and probable reserves, or perhaps $1 billion, if all resources are tabulated.
The Diavik mine has been in production since 2003.