Jericho Diamond Mine
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Jericho Diamond Mine is a diamond mine located in Canada's Nunavut territory. The mine is located about 400 km (249 mi) northeast of Yellowknife, Northwest Territories and is Canada's third diamond mine and Nunavut's first.
The mine is operated by Tahera Diamond Corporation and the company was provided with CAN $35 million loan by Tiffany & Co. to assist in construction of the site.
The mine is estimated to be able to produce 375,000 carats a year with a value of CAN $25 million. In the first half of 2006 the mine had processed 210,000 tonnes for 126,918 carats.
There is currently no registered airport at the site and all heavy equipment had to be brought in by winter road
Due to the remoteness of the site there has been a proposal to build a port near the community of Bathurst Inlet with a road to both Diavik Diamond Mine and Ekati Diamond Mine.
[edit] Sources
- Tahera Diamond Corporation - Jericho exploration
- Tahera Diamond Corporation - Jericho Diamond Mine
- Government of Canada - backgrounder on "Mining in the North"
- CBC report on construction of the mine
- NNSL "Opportunities North" - deep water port at Bathurst Inlet
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