Ekati in the Northwest Territories will shut down following a Supreme Court of British Columbia ruling placed it ...

Burgundy Diamond Mines, owners of Ekati, are to enter receivership after running up debts of over $280 million and failing to ...

The decision came after no buyers stepped forward to purchase the diamond mine after its parent company Arctic Canadian Diamond Company filing for creditor protection in May.

YELLOWKNIFE — And then there was one.

And then there was one. The second of the three diamond mines that have long anchored the Northwest Territories economy is closing after its owner, Australia-based Burgundy Diamond Mines Ltd., failed ...

YELLOWKNIFE — The impending closure of the insolvent Ekati diamond mine is a "deeply disappointing outcome" for workers, shareholders and communities in the Northwest Territories, said the chief ...

CANADA ROCKS: Like so many luxury products right now, diamonds — natural and lab-grown — are having a hard time. The prices of both are down in the double-digits while the fate of the best-known ...

A Canadian mining company announced they recovered the largest diamond in over a century this past week. Lucara Diamond Corp. confirmed the "exceptional" finding of a 2,492-carat diamond from the ...

Add Yahoo as a preferred source to see more of our stories on Google. The grim environment has done little to deter the Canadians from touting their diamond industry and close work with the Indigenous ...