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Diamonds from the Diavik Diamond Mine are extracted from three ore deposits in kimberlite pipes below the arctic Lac de Gras in Canada's north. The pipes, called A154 South, A154 North, and A418, are small in diameter by global comparison, but have a grade of over three carats per tonne by world average, but are very high grade with some of the world's highest per tonne ore value.
Diavik diamonds offer the international diamond market a commercially desirable range of good color, gem quality rough diamonds, with most of the value lying in white stones of one carat and larger and of good commercial clarity and shape. Diavik's diamonds enjoy a high profile in the international diamond market; many of the world's established diamond polishing centers are interested in receiving a share of Diavik diamonds.
Under the joint venture agreement with Harry Winston Diamond Limited Partnerhsip, each partner retains the right to receive and market its share of all diamonds produced. Diavik Diamond Mines Inc has 60 per cent share of the diamonds which are marketed by its sister company and sales agent, Rio Tinto Diamonds in Antwerp, Belgium. Rio Tinto Diamonds' clients include Yellowknife diamond cutting and polishing plants.
Harry Winston supplies rough diamonds to the global market through its 40 per cent ownership in the Diavik Diamond Mine.
Canadian diamonds
Canadian diamonds are much prized for their distinctiveness and value, and issue-free origin.
Related links
Canadian Diamond Code of Conduct
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Latest media releases
- 30 July 2010
2010 mid year socio economic highlights - 09 July 2010
2009 sustainable development report - 23 June 2010
Diavik wins events at mine rescue competition - See all Media Releases
