The Dormant Gem: The Story of the Jericho Diamond Mine
The Jericho Diamond Mine, now a dormant diamond mine located in Canada’s Nunavit territory, was a bustling and busy project between 2006 and 2008. In the span of these years, Jericho produced 780,000 carats from 1,200,000 tonnes of kimberlite mined from the open pit operation.
Jericho was owned and operated by the now obsolete Tahera Diamond Corporation. Tahera opened the Jericho mine in 2006, after an agreement for a diamond marketing alliance was signed with Tiffany & Co. In 2007 the company reported financial losses and in 2008, the company filed an application for protection from creditors, and suspended its mining operations. On July 19, 2010 Shear Diamonds acquired Jericho from Tahera.
In 2014, the department of Aboriginal Affairs and Northern Development declared Jericho as “closed or abandoned, temporarily or permanently”. This, according to Nunatsiaq Online, allowed the department to do “whatever may be required to protect people, property and the environment” in the area.