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NO MORE VICTOR: ONTARIO’S ONLY DIAMOND MINE CLOSES DOWN

Almost 11 years after its opening, the Victor Mine in northern Ontario is no more
De Beers Victor mine
Credit: De Beers

Almost 11 years after its official opening in July 2008, the Victor Mine in northern Ontario is no more: On May 26, De Beers, owner and operator of the mine, processed the last of the economic ore at Victor. The plant has now entered a comprehensive shutdown process which will last through the end of June, according to Diamond World.

 

Aerial prospecting, Canada
Credit: Photograph reproduced with kind permission of De B

 

The Victor mine was discovered in 1987 and became Canada’s first economically viable diamond deposit discovery. Construction began in 2006, with De Beers spending $2.6 billion to build and operate the mine.

 

Canada flag made of diamonds
Credit: Iuskiv | Dreamstime.com

 

When production ended, De Beers Group employed 170 people at Victor Mine, “supported by approximately 134 contractors”.



Tags: Diamonds News, Diamond Industry News, Mining News

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