What are the issues with the De Beers diamond mine and Attawapiskat?
What are the issues with the De Beers diamond mine and Attawapiskat?
What are the issues with the De Beers diamond mine and Attawapiskat?
And this new diamond mine garbage problem comes while DBC has stored much of its organic waste on the mine site in over 50 large shipping containers while it tries to get an incinerator functioning to burn this mine garbage. Attawapiskat is firmly rejecting all of this, and letting the Ontario Government know.
Who owns the Victor mine in Ontario?
De Beers
The Victor Mine is an open-pit mine, with a processing plant, workshops, and an airstrip located on site. By 2013–2014 royalties collected from De Beers Victor Mine amounted to $226….Victor Diamond Mine.
| Location | |
|---|---|
| Closed | 2019 |
| Owner | |
| Company | De Beers |
| Website | www.debeersgroup.com/canada/en/operations/mining/victor-mine.html |
Where is the Victor mine in northern Ontario?
James Bay Lowlands
Victor Mine is located in the James Bay Lowlands of northern Ontario, approximately 90 km west of the coastal community of Attawapiskat First Nation. It is Ontario’s first diamond mine and the second in Canada for De Beers.
Where are De Beers mines located?
It operates in 35 countries and mining takes place in Botswana, Namibia, South Africa, Canada and Australia. From its inception in 1888 until the start of the 21st century, De Beers controlled 80% to 85% of rough diamond distribution and was considered a monopoly.
Why did the Jericho mine close?
The mine produced diamonds from 2006 to February 2008, and was Tahera’s only mining operation. The company reported financial losses in 2007 due to operational difficulties, the high value of the Canadian dollar, high oil prices, and the short operating season of the Tibbitt to Contwoyto ice road in 2006.
Can diamonds become worthless?
Diamonds are intrinsically worthless: Former De Beers chairman (and billionaire) Nicky Oppenheimer once succinctly explained, “diamonds are intrinsically worthless.” Diamonds aren’t forever: They actually decay, faster than most rocks.
Where are diamonds found in Ontario?
Victor Diamond Mine is an open pit diamond mine located in the James Bay Lowlands, approximately 90 km west of Attawapiskat First Nation, Ontario. Victor Mine is Ontario’s first diamond mine, which opened in July 2008, owned by De Beers. The mine has produced 7 million carats until its closure, announced early 2019.
Why did the Attawapiskat First Nation reject the De Beers mine?
Attawapiskat First Nation has every reason to firmly reject the proposal. — Bullet editors De Beers Canada (DBC) is seeking Ontario Government approval for a third landfill waste site to be built and filled up at the Victor Mine Site, located in a vulnerable James Bay wetlands area, and in a place of critical importance to Attawapiskat.
How many carats of Diamonds did De Beers get?
In May 2019, production at De Beer’s Victor diamond mine on the traditional territories of Attawapiskat First Nation came to an end. In all, more than 8 million carats of diamonds were taken from the giant open pit mine that generating billions in revenues for the mine’s owners.
How much does the Attawapiskat diamond mine make?
In 2013, documents showed that Attawapiskat’s diamond royalties, earned as part of an Impact-Benefits Agreement with the company, amounted to less than 1 per cent of the mine’s annual revenues. In 2018, the value of diamonds produced in Ontario reached $516-million, while royalty payments to Attawapiskat were just US$1.6-million.
Where did De Beers dispose of Victor Mine waste?
Attawapiskat First Nation accuses former Ontario diamond miner De Beers Group of disposing demolition waste from its decommissioned Victor Mine in a “vulnerable” wetland environment of cultural significance.