'Surprised and Disappointed': Ekati Layoffs Reverberate Across N.W.T.

'Surprised and disappointed': Ekati layoffs reverberate across N.W.T.

While Indigenous leaders and workers absorb the shock of this week's layoffs, industry observers say the scaling back of production at Ekati is a reflection of challenges facing the diamond industry.

Diamond mine in Northwest Territories halted, hundreds laid off

Burgundy Diamond Mines laid off “several hundred” workers after halting part of its Ekati operations in northern Canada. Find out more.

Burgundy cut jobs, halts mine at Point Lake operation

Perth-based Burgundy Diamond Mines has announced layoffs and a temporary suspension of its Canadian operations, citing challenging market conditions.

Burgundy Diamond halts operations at Canada mine amid low diamond prices

Burgundy Diamond Mines has suspended its operations at its Point Lake diamond mine in Canada amid record-low diamond prices.The post Burgundy Diamond halts operations at Canada mine amid low diamond prices appeared first on Mining Technology.

Was giving diamond mines financial help the right approach?

The GNWT gave diamond mines millions to help save jobs, but hundreds were laid off anyway. One MLA says the territory's plan was "fuelled by hope and fantasy." The post Was giving diamond mines financial help the right approach? first appeared on Cabin Radio.