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The Diavik diamond mine is Canada's second producing diamond mine (the first diamond mine being Ekati). The Diavik Diamonds project is located in the Northwest Territories about 500 km south of the Arctic Ocean and 300 km North-Northeast of Yellowknife at Lac De Gras.

The Diavik diamond mine was
completed in 2002 at a cost of 1.13 billion. The Diavik
diamond mine with it's sister diamond Ekati diamond mine
lead the world on environmental standards. Extreme care
has been taken in the pristine Arctic north. The diamond
mine involved the development of a open pit diamond mine
located beneath a major lake. An extreme challenge given
the frigid conditions of the Arctic north. The Diavik diamond
project comprises of water retention dikes, a open pit diamond
mine, a process plant, kimberlite containment dikes and
the associated infrastructure. Including roads, power generation
plant, fuel storage, airstrip, accommodation, water supply
and other services and facilities. The Diavik diamond mine
development includes a 3 km long 25 meter high water retaining
dike to permit dewatering and development of the diamond
mine.
The Diavik diamond mine is
expected to produce 1.5 million tons of kimberlite material.
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