
•Diamonds
•Production start March 2016
•Located at Kennady Lake, 280 kilometres northeast of Yellowknife, Northwest Territories
•Socio-economic northern legacy – 549 person years employment, $624 million spend
•Owned by De Beers Canada (51% and operator) and Mountain Province Diamonds (49%)
•12 year mine life
•Average 4.5 million carats per year projected
•2017 production: 5.9 million carats from 2.8 million tonnes ore
•Mining three kimberlite orebodies 5034, Hearne, and Tuzo
•Deposit discovered in 1995 by Mountain Province Diamonds with De Beers joining the joint venture in 1997
•De Beers socio-economic northern legacy from Gahcho Kué and Snap Lake mines – 3,120 person years employment, $2.6 billion spend (through 2017)