Tag Archives: Diavik Diamond Mine

Production and revenue decline at Diavik Diamond Mine

March 3, 2025

Production at Canada’s Diavik Diamond Mine dropped 17 per cent in 2024, as Rio Tinto faced challenges stemming from a struggling global diamond market, a tragic plane crash at the mine, and the shift to underground mining operations at one of its pipes. The decline reflects broader difficulties within the diamond mining sector, where other major players have also seen significant losses.

According to National Jeweler, Rio Tinto reported that Diavik’s production … Continue reading Production and revenue decline at Diavik Diamond Mine

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Canadian diamond mine purchased entirely by Rio Tinto

November 19, 2021

One of Canada’s largest diamond mines is now solely owned by Rio Tinto.

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NWT pandemic shelter gets funding boost

July 29, 2020

A COVID-19 isolation shelter in the Northwest Territories is set to increase its capacity and staff, thanks to a contribution from Rio Tinto.

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Canadian mine yields continent’s largest diamond discovery

December 18, 2018

Three years after the discovery of the Foxfire Diamond, Diavik has broken its own record for the largest gem-quality diamond ever found in North America.

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Homegrown success: Canada’s triumphant diamond industry

August 24, 2017

At 150 years old, Canada has much to be proud of. Beyond its stunning and diverse landscapes, the wealth of our diverse natural resources are as great as the country is vast. The Canadian diamond industry marks just one of our national successes.

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Rio Tinto joins Shore Gold diamond project

June 28, 2017

Rio Tinto has partnered with Shore Gold to develop the Star-Orion South diamond project in Saskatchewan.

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Rio Tinto appoints new president of Diavik Diamond Mines

March 28, 2017

Patrick Boitumelo has been appointed president and chief operating officer of Diavik Diamond Mines.

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Foxfire diamond unveiled at the Smithsonian Gem Hall

November 24, 2016

The first public viewing in America of the 187.7-carat Diavik Foxfire diamond is taking place Nov. 17, 2016 to Feb. 16, 2017 in the Harry Winston Gallery at the Smithsonian’s National Museum of Natural History in Washington, D.C.

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Diavik Foxfire headlines IDE week

May 18, 2016

Rio Tinto’s 187.7-carat Diavik Foxfire diamond is set to headline the Israel Diamond Exchange (IDE) third International Rough Diamond Week. Discovered last fall in the Diavik Diamond Mine in Canada’s Northwest Territories, the Diavik Foxfire is considered the largest rough diamond ever found in North America.

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Diavik hits 100-million-carat milestone

May 18, 2016

One hundred million carats of rough diamonds have been unearthed at Canada’s Diavik mine since production commenced in 2003. Located on an island in a remote sub-arctic lake, Diavik produces predominantly gem-quality diamonds. The mine is operated and partly owned by Rio Tinto.

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