De Beers Group of Companies today announced that on Tuesday was officially opened diamond mine Gacho Quay (Gahcho Kué). New mine, the largest in the world of the open for the past 13 years, is a joint venture between De Beers (51 percent) and Mountain Province Diamonds (49 percent), which is expected to produce approximately 54 million carats of about 35 million tons of ore per year over its lifetime.
Mine, where work will be carried out on a rotational basis, is located in a remote area about 280 kilometers northeast of Yellowknife in the Northwest Territories of Canada. Gacho Quay enters a phase of full commercial operation in the first quarter of 2017, according to De Beers in a press release issued on this occasion, and received Rough & Polished. The mine, which consists of three open-pit mines, 530 people will be employed on a permanent basis, most of which will work in shifts every two weeks.
The official opening ceremony of the mine Gacho Quay, which was attended by one hundred and fifty guests from across Canada and from other countries, was attended by Chairman of the De Beers Group and CEO of Anglo American Mark Kyutifani (Mark Cutifani), CEO of De Beers Group Bryus Kliver (Bruce Cleaver), CEO of De Beers Canada Kim Truter (Kim Truter), CEO of Mountain Province Diamonds Patrick Evans (Patrick Evans), as well as representatives of communities of indigenous nations and Métis in the Northwest territories.
Canada is the world's third largest diamond producer by value and the fifth largest in carats. Mine Gacho Quay, receiving US $ 1 billion in capital investments in the period of its construction from 2006 to 2015 contributed C $ 440 million into the economy of the Northwest Territories, as evidenced by a recent study of the socio-economic impact of this project, carried out by the British auditing -konsaltingovoy by EY for the De Beers Group.
However, it is expected that after the mine Gacho Quay reach full capacity of its impact on the economy of the Northwest Territories will grow by more than 90 percent, which is equivalent to an additional C $ 5,3 billion in gross value added. It should also take into account the impact of the mine on the supply chain, as in 2015, it provided more than 2,700 jobs, with employment at the mine was more than 10 per cent of those employed in the mining industry of the Northwest Territories.
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