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Canadian Diamonds from Gahcho Kué mine
The Gahcho Kué diamond mine is a joint venture between Mountain Province Diamonds, which owns 49% of the project, and De Beers Canada, which holds a 51% interest and is the mine’s operator. The joint venture property is located in the Northwest Territories of Canada, 300 km east-northeast of Yellowknife, on the traditional territories of Tłįchǫ, Dene, and Métis people. The mine site lies on the edge of the continuous permafrost zone in an area known as the barren lands due to its lack of forests.
What's Going on with the Diamond Supply Chain?
To say we are living in strange and unprecedented times at this point would be an understatement, however it truly is a bizarre time in the diamond industry. The market has yet to fully recover from the supply chain disruptions (and resulting product scarcity) caused by the pandemic that sent prices soaring in 2021 and 2022.
The Story of a Diamond: From Mine to Market
From the depths of over 150 kilometres beneath Canada’s North West Territories, a shiny 2.58ct diamond was born to the Ekati Mine.
Fast forward, the diamond now sits pretty as a 1.08ct cushion cut in a romantic hand fabricated yellow gold ring made by our friend and client, Elana Ginsberg of K&Co Bespoke.