Several Hundreds to Be Laid Off as NWT's Ekati Suspends Open Pit Mining

WA miner lays off ‘hundreds’ as diamond mine shuttered

Burgundy Diamond Mines has blamed weak prices for the layoffs at the Ekati mine in Canada’s Arctic Circle, which was acquired from BHP by the junior for more than $200 million in early 2023.

Several hundreds to be laid off as NWT's Ekati suspends open pit mining

Mine's owner says underground operations will continue; open pit may resume if conditions improve

Diamond Mine in Canada’s North Halted With Hundreds Laid Off

Burgundy Diamond Mines Ltd. laid off “several hundred” workers after halting part of its Ekati operations in northern Canada, adding another blow to the country’s struggling diamond mining industry.

Several hundred people laid off after open pit mining abruptly stops at N.W.T.'s Ekati diamond mine

Burgundy Diamond Mines says it’s laid off some of its employees and contractors and has temporarily stopped open pit mining at Point Lake — one of its two active operations at the Ekati Diamond Mine.

Several hundreds to be laid off as Ekati suspends open pit mining

Mine's owner says underground operations will continue; open pit may resume if conditions improve

Ekati Owner Lays Off ‘Several Hundred’ Employees, Closes Part of Deposit

Burgundy Diamond Mines will suspend operations at one of the two active pits at its Ekati mine in Canada and let go of hundreds of workers to cope with financial constraints stemming from the market downturn.  The company has temporarily halted open-pit mining at Point Lake, deeming that area “sub-economic,” meaning that the funds needed to continue work at the site outweigh the return on investment, given the current low market prices for rough…