Sign in | Join us  
      
 Popular Searches:diamond,cbn,tuck point blade,cup wheel,saw blade, brown fused alumina
Home -- Information


  Featured Companies
 • Yantai Cct Metal…
 • Dymend Tools Co.,…
 • Henan Boreas New…
 • Yancheng Xiehe Machinery…
 • EKF Industrial Supplies…
 • Ruishi New Material…
 • MORESUPERHARD
 • Henan Banner New…
 • Zhengzhou best synthetic…
 • Zhengzhou Haixu…

 Print  Add to Favorite
Custom your font size:     

De Beers to Shut Victor Mine in 2019


Post Date: 09 Nov 2017    Viewed: 3390

De Beers will cease production at the Victor mine in Canada in the first quarter of 2019, the company said Wednesday.

The asset in Ontario, where production started in July 2008, will continue to operate at full capacity until the open pit is depleted, and will then close, De Beers said. This is in line with the company’s original feasibility study and mine plan for the project, which has yielded about 7 million carats of rough — already exceeding the forecast of 6 million carats for its entire life span, the miner explained.

De Beers developed a closure plan for Victor before it opened, and has been working to restore the site for several years, including by planting trees.

“While we are focused on continuing to maintain production for the duration of operations, we are also planning responsibly for Victor mine’s closure in line with the agreed mine plan and our commitment to leaving a positive legacy,” said Kim Truter, CEO of De Beers Canada.

De Beers, which has been exploring in Canada since 1961, found the Victor kimberlite cluster in 1987 — the first economic diamond discovery in the country. The miner’s other Canadian asset, Gahcho Kué in the Northwest Territories, is a joint venture with Mountain Province Diamonds that opened in September 2016. That site is expected to produce 54 million carats of rough over its 12-year life span.  


Superhard Material of China

Superhard Material of China

Abrasives and Grinding Products of China

Abrasives and Grinding Products of China

Coated Abrasives of China

Coated Abrasives of China

Chia International Abrasives & Grinding Exposition

China International Abrasives & Grinding Exposition

Home | About Us | Members | Contact | Advertising Quotation
Supported by Yuanfa Information Technology co.,Ltd
Copyright ©Abrasivesunion 2006. All rights reserved
Page rendered in 0.0233 seconds
增值电信业务经营许可证:豫B2-20202116  ICP备案:豫B2-20100036-2