Gahcho Kué in Canada is where De Beers is involved in a joint venue to construct that country’s first new diamond mine in more than eight years.
About 280km northeast of Yellowknife, the largest town of Canada’s Northwest Territories (NWT), is Gahcho Kué – a Chipewyan name for “place of the big rabbit” – although caribou are also native to the region. So are diamonds.
It’s here, above the tree line and only 400km south of the Arctic Circle, that De Beers, in a joint venture with Mountain Province Mining, sank C$1bn (R9.5bn) into building Canada’s first new diamond mine for about eight years.
It’s a hostile environment and underlines the difficulty of finding fresh sources of diamonds. The often-quoted data still has the power to amaze: of some 7 000 kimberlite pipes that have been sampled through time, only 60 have contained enough diamonds to justify a mine – about 1% of the total.
この記事は Finweek English の 30 March 2017 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Finweek English の 30 March 2017 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
THE HEALTH OF SA'S MEDICAL SCHEMES
As the Covid-19 pandemic abates, finweek takes a look at the financial performance of some of the largest players.
The effect of Gilbertson's departure
With Ntsimbintle Holdings now the major shareholder of Jupiter Mines, it could change SA’s manganese industry.
Making money from music
Why investors are increasingly drawn to the music industry.
Conviction is key
Sandy Rheeder plays a critical role in Mukuru’s mission to open up financial services to the emerging consumer market in Africa through tailor-made technology solutions and platforms.
The post-pandemic toolkit
How CFOs can use technology to support growth.
Big city living exodus
Mini cities like Waterfall City and Steyn City are redefining city-style apartment living.
Big compact, big value
Handsome, with a hefty level of standard specification, the roomy Haval Jolion compact crossover is a great value proposition.
On barriers to entry
There are various ways in which a company or sector can achieve competitive dominance. They usually make for good investments.
Fear and greed in one index
To buck the trend, when markets are hot or cold, is a tough thing to do. However, it can deliver solid returns.
Africa's largest data centre facility coming soon
Vantage Data Centers plans to invest over R15bn for its first African data centre facility in Attacq’s Waterfall City.
