Mining Resumes at Ekati, after 10-Month Shutdown

By John Jeffay / January 25, 2021 / www.idexonline.com / Article Link

(IDEX Online) - Operations have finally resumed at the Ekati mine, in Canada, 10 months after it was closed at the start of the global pandemic.At the time owners Dominion Diamond Mines warned the 1,800 employees that it could be months before they returned to work.In the interim the company entered insolvency protection, and last month it agreed to sell the mine to investment managers acting for its creditors. The sale is due to be completed within days.Dominion, the world's third biggest supplier of diamonds by carat, expects all recalled employees to be back to work by today.It announced in November that 60 furloughed employees at Ekati (pictured) were being recalled, in the hope that operations would resume soon.Dominion also jointly owns 40 per cent of the nearby Diavik mine - which is not being sold - with Rio Tinto. 

Recent News

Gold stocks gain even as metal price pulls back

April 29, 2024 / www.canadianminingreport.com

Copper price forecast swinging significantly on shifting outlook

April 29, 2024 / www.canadianminingreport.com

Upgrades continue for 2024 gold price target...

April 22, 2024 / www.canadianminingreport.com

Gold stocks edge up as weak equities offset metal rise

April 22, 2024 / www.canadianminingreport.com

Major investment banks make major gold price upgrades

April 15, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok