Dominion Diamond Receives Environmental Assessment Approval for Jay Project, Canada
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Dominion Diamond Corporation has received environmental assessment approval for the Jay Project.
Dominion will file water license and land use permit applications shortly, beginning the final step in the environmental approval of the project.
“This is an important milestone for Dominion and for the Northern economy. Dominion thanks Minister McLeod and the GNWT (Government of the Northwest Territories) for their work and looks forward to a timely completion of the permitting process,” said Brendan Bell, chief executive officer of Dominion Diamond.
Jay is the most significant undeveloped deposit at Ekati. Jay alone has the potential to extend the mine life approximately 10 to 11 years beyond the current projected closure of Ekati. The company expects to publish a feasibility study on the Jay Project by the end of May.
About Dominion Diamond
Dominion Diamond Corporation is the world’s third largest producer of rough diamonds by value. Both of its production assets are located in the low political risk environment of the Northwest Territories in Canada where the company also has its head office. The company is well capitalized and has a strong balance sheet. The company operates the Ekati Diamond Mine and also owns 40 percent of the Diavik Diamond Mine. Between the two mining operations, diamonds are currently produced from a number of separate kimberlite pipes providing a diversity of diamond supply as well as reduced operational risk. It supplies premium rough diamond assortments to the global market through its sorting and selling operations in Canada, Belgium and India.
To stop by Dominion Diamond’s website, CLICK HERE
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