De Beers studies Victor extension as end of mine life looms

With a mine life that ends in 2018, the ore is running out at Ontario’s only diamond mine – De Beers’ Victor mine, 90 km west of Attawapiskat.

The open pit mine, which began production in 2008, produces around 600,000 carats of high value diamonds a year from a single 15-hectare kimberlite.

But with 15 other diamond-bearing kimberlite pipes at the project, there is potential for an extended mine life at Victor.

De Beers has already started an environmental assessment on the Tango Extension kimberlite, the most promising of the other pipes in the Victor cluster. Situated about 6.5 km northwest of the Victor mine, the company believes it could extend Victor’s mine life by seven years.

Read the complete article at NorthernMiner.com/news/de-beers