Throughout the 20th century, most people would never have thought of Canada as being an important producer of diamonds. Two dreamers with a firm belief put Canada on the rough diamond-producing countries’ map. In 1991, Chuck Fipke and Stewart Blossom found evidence of diamond-bearing Kimberlite pipes about 200 miles north of Yellowknife, in the Northwest Territories. Today, Canada is one of the largest diamond-producing countries in the world.
Canada has four active diamond mines: Diavik, Ekati, Snap Lake and Victor. Ekati was the first operational diamond mine in the country. A major resource with a good range of goods, it is owned and operated by Dominion Diamonds. Diavik, Canada’s second mine, is operated by Rio Tinto subsidiary on behalf of Rio and Dominion. The other two are operated by De Beers. For a short period, another diamond mine named Jericho operated as well. However, it was proven uneconomical and shut down.
In 2013, Canada produced 10.6 million carats at a relatively high average value of $1.9 billion, placing it as the world’s fifth largest diamond-producing country.
In addition to the mines already operating in Canada, there are a number of resources in various stages of development in the country, among them Stornoway Diamonds’ Renard and De Beers’ Gahcho Kué. Two other resources, Star-Orion and Chidliak, are in earlier stages of development.
Diamond Characteristics: The Canadian production is characterized by Crystals, coated diamonds (a black skin that envelopes the diamond) and cube shapes. Some of the Canadian goods are brown colors, famous for color improvement through the polishing process. However, most of the production tends to be medium and high white in color.
The above five leading diamond-producing countries accounted for nearly 76% of the global diamond production in 2013. They are no doubt the most important sources of diamonds by volume. By value, they represent more than 65% of the world’s $14 billion production.
The next section covers some smaller but important diamond-producing countries and their production.
Canadian Diamonds are the most significant discovery in the diamond industry in the last hundred years. ArcticMark diamonds were created to bring these exquisite diamonds to you – Canadian Diamonds from the heart of Canada’s North.
Each ArcticMark diamond is truly dedicated to delivering diamonds that have the highest standard of craftsmanship and beauty. Each diamond is tracked from rough crystal to the final product, creating an unbroken chain.
Each polished diamond is laser inscribed with the ArcticMark logo, an image of a maple leaf and a unique serial Id number to guarantee its authenticity. When a diamond bears the ArcticMark logo, you can be certain that it’s an authentic Canadian diamond. Every diamond is natural, pure and ethically mined. This is the ArcticMark purity promise.
Canadian Eskimo Diamonds
A new Source of diamonds has gone undiscovered until the first Canadian diamonds burst brilliantly onto the world stage. Pure in every sense of the word, Canadian Eskimo diamonds are mined and cut according to the most stringent guidelines in the word.
You could say this is a story about good old fashioned stubornness. Or that it’s all about following a dream. Above all it is a story about a treasure that is now the world’s to share. It began began with an optimism that defied logic.
But prospector Chuck Fipke and his partner, Dr. Stu Blusson believed they could. For a decade in the 1980s, the pair scoured the wild land for samples that would show minerals often found in association with diamonds. In 1985, Fipke found them, in a sample he’d taken near Lac de Gras, some 300 km northeast of Yellowknife. Fipke was convinced he’d found evidence of diamond-bearing kimberlites – ancient “pipes” of volcanic rock that bear the hard crystals we call diamonds.
After many years of exhaustive exploration in the Northwest Territories (NWT) by geologists, Chuck Fipke, Stu Blusson and BHP Billiton (then BHP) formed a joined venture with Dia Met Minerals Ltd to continue the exploration for diamonds in Canada’s NWT. The investment paid off in 1991, when diamonds were first discovered at Point Lake, sparkling the NWT “diamond rush” – the largest mineral staking rush in North American history.
Diamonds For The Next Generation
The story of Eskimo Arctic Ice Diamonds has its origins in the pure and icy Canadian North. No one believed that any important diamond deposits would be found in Canada. And if they were, people felt that getting them up from this frozen ground would prove another impossibility. These would lead to the ultimate discovery, its impact felt throughout the world.
In 1998 Eskimo Diaminds (Inc) was created to bring these diamonds to you – Canadian diamonds from the heart of Canada’s North. Every Eskimo Arctic Ice Diamond ensures that the very highest standards of authenticity and quality are maintained in bringing Northern Canadian diamonds to the world.
Tracking The Diamonds
When a diamond bears the Eskimo logo, you can be certain that it’s an authentic Canadian diamond.
The program is supported by CanadaMark tracking program, operators of Ekati – Canada’s first diamond mine. There is no better guarantee than from the mine itself. It’s our promise to you!
Eskimo and Ethical Mining
The Canadian Eskimo culture is characterized by a close relationship with the natural world. Life depends on an intimate knowledge and understanding of nature and as a result, the Eskimos recognize fewer barriers between themselves and animals, plants, rivers, and mountain around them. Many Eskimo cultural practices are based on the essential interaction between humans and nature. Thus, what is unique to the flourishing diamond industry in Canada is the sense of moral responsibility with which all operations are studied, planned and carried out.
Diamonds with 6C’s
Cut, color, clarity, carat, cost and now CANADIAN. This is the new definition of outstanding quality of diamonds.
Arctic Ice diamonds are from the top 25% of rough stones mined from Canada’s North West Territories. Thereby ensuring only the very finest diamonds makes their way to you. The 4 C’s are four variables that are used to calculate the value of a diamond — namely, clarity, color, cut, carat weight.
When buying diamonds, buy what you can afford. Some say two months salary is sufficient. Don’t buy a diamond just because there is a “sale.” This is most likely marketing hype and will not result in any savings. Diamonds do not go on sale because the profit margin is much lower than regularly jewelry and prices are determined more or less on market conditions.
Don’t buy into the hype of carat weight. As explained in the carat weight section, two diamonds of the same weight could have much difference diameter sizes. The last thing you want to do is buy a one carat poorly cut diamond that looks like a 3/4 ct diamond from the top. When your loved one goes to show it off, people will not be impressed with the 1 carat size because it will look much smaller or disproportionate.
Finally, remember diamonds are a commodity. If you know the specifications are accurate (color, clarity, origin, enhancement features) then you know you are getting a good diamond. Don’t be afraid to ask questions. The more you ask, the more you will learn.
The Diavik Diamond Mine operates in one of the world’s most untouched and ecologically sensitive environments. Vast tundra surrounds the mine and it is home to bears, wolverine, and migrating caribou. The waters of Lac de Gras are pure and teeming with fish and bird life.
Over one-third of the Northwest Territories is covered by lakes and rivers and in spite of its apparent abundance water is considered a precious resource, especially by Aboriginal peoples. It provides habitat for much of the wildlife that is critical to the traditional lifestyles of local communities.
Caribou play a key role in Aboriginal culture and spirituality and caribou remains a staple in the diets of many Aboriginal people.
These and other environmental factors were carefully taken into account to ensure the Diavik Diamond Mine has minimal environmental effects and the operation meets the needs of local communities.
The Diavik Diamond Mine meets its environmental protection commitments through a comprehensive management system. This system is ISO 14001:2004 certified, and is responsible for:
- managing activities to protect the environment
- ensuring that all of Diavik’s employees are properly trained
- anticipating and hence avoiding environmental problems
- ensuring regulatory compliance and due diligence
- ensuring consistency with the business’ corporate environmental policy
Diavik has many environmental protection and sustainable development initiatives.