Anglo American Commissions De Beers’ Gahcho Kué Mine, Canada
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Anglo American has commissioned De Beers’ Gahcho Kué diamond mine in the Northwest Territories of Canada. Gahcho Kué — the world’s largest new diamond mine — is expected to ramp up to reach full commercial production in Q1 2017, producing an average of 4.5 million carats per year over its anticipated 13-year life.
“Starting the ramp up to production at Gahcho Kué — on time, on budget and in a challenging environment — is a remarkable achievement from the team. The mine is an exceptional resource in terms of carat volume, value and its potential to create meaningful economic opportunity for the surrounding community,” said Bruce Cleaver, CEO of De Beers.
“Our successful development of Gahcho Kué is testament to the technical expertise of the entire project team, the sensitive approach we take towards our surroundings and the strength of the relationship with the community local to the operation. Discovering and bringing to fruition a new source of diamonds of this quality reminds us all of the rarity value of diamonds,” said Mark Cutifani, chief executive of Anglo American and chairman of De Beers.
About Anglo American
Anglo American is a globally diversified mining business. Its portfolio of world-class competitive mining operations and undeveloped resources provides the raw materials to meet the growing consumer-driven demands of the world’s developed and maturing economies. Its people are at the heart of its business. It is the people who use the latest technologies to find new resources, plan and build mines and who mine, process and move and market products — from diamonds (through De Beers) to platinum and other precious metals and copper — to customers around the world.
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