The History Of Canadian Diamonds

Canadian Diamonds

If you ask anyone where diamonds come from, the most common reply you will get is Africa. Yes, Africa produces the most diamonds. However, African diamonds have also been tainted by the illegal trading process in the country and this has focused the world’s attention on the illegal diamond trading process. Most large companies have also stepped back from African diamonds due to the huge controversy surrounding the so-called blood diamonds.

Canadian diamonds

In an effort to find the popular stone, large companies are now exploring other areas. Very few people know that diamonds are produced by several other countries in a clear and legal manger. In fact, Canadian diamonds top the list for their quality and authenticity.

Diamond discovery in Canada can be attributed to Chuck Fipke and Stewart Blusson. The two geologists were prospecting in Northern Canada and they were convinced that the area would have several diamond deposits. No one really thought that the area was a potential diamond mine but the two geologists persevered and continued digging all over the area. The two geologists believed that Canada could produce worldclass diamonds because of the country’s geochemistry. According to studies, the country had the largest amount of cratons or ancient stable parts of the earth’s crust. These cratons were also prime areas for kimberlite or diamond pipe formation. The geologists used a combination of mineral chemistry knowledge, mapping of regional ice advance and retreat patterns, and geophysical planning to map the area for Canadian diamonds.

To their good luck, they eventually managed to find diamond-bearing Kimberlite pipes in 1991. The Canadian diamonds reserves were located about 200 miles north of Yellowknife in the Northern Territories. The two geologists were quick to cash into the discovery and one of those pipes was developed by BHP Billion in to the current EKATI diamond mine. The mine produced the first Canadian diamonds in 1998. The success of the EKATI mine focused the attention of other developers in to the area and very soon, large multinationals had their own geologists crawling all over the countryside searching for local Canadian diamonds.

Currently, there are several large mines producing Canadian diamonds in the area. EKATI has now produced over 40 million carats of Canadian diamonds and there seems to be no stopping for the mine. Apart from EKATI, the Diavik Mine located about 190 miles north of Yellowknife has also turned out to be a huge producer of good Canadian diamonds. This open-pit mine produces more than eight million carats of diamonds per year. Now, the mine will be advancing into the underground mining and the mine is expected to continue producing great diamonds for the next 22 years. Other mines like Snap Lake Mine and Victor Mine has also been established around Yellowknife. Both mines are owned by De Beers. Both mines produce more than 200,000 carats of Canadian diamonds annually and they are expected to double in production as the mines are exploited completely.

Canadian diamonds

Multinationals have continued to drill all over Northwest Canada in the hopes of finding new fields and they have not been disappointed. Most of the larger fields have been registered but they have yet to be exploited and developed. Multinationals have also started exploiting previously closed mines in the area as well. Modern development techniques and seismic methods are being used to check existing kimberlites for diamond deposits. The Vancouver-based Peregrine Diamonds benefited from this process as they decided to re-evaluate the DO-27 kimberlite pipe located in the Northwest Territories. On re-examination, the team discovered promising micro diamond deposits in the area. As a result, the company decided to open the pipe and proceeded directly to underground sampling in 1993. At the time, the pipe showed disappointing yields and the company abandoned the project. In 2005, the company decided to re-check the pipe with better technology and they were pleasantly surprised. The pipe yielded 0.98 carats per tonne. A statistical analysis showed that the pipe would now yield an economic profit and it could be exploited for diamond reserves.

So why wait; if you like diamonds and if you like conflict-free diamonds, you should opt for Canadian diamonds. At present, the diamonds retail under the Eskimo Arctic Diamonds, Arctic Mark Diamonds, CanadaMark Diamonds, and Polar Bear Diamonds brand names. Do the world a favor and buy

Canadian Diamonds

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