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If you need to cut some glass or your girl needs a new best friend, you should look up Diavik Diamond Mines Inc. (DDMI). The company has a majority stake (60%) in the Diavik Diamond Mine north of Great Slave lake in the Northwest Territories of Canada; partner Harry Winston Diamond (formerly called Aber Diamond) owns the remaining portion. Production began at the mine in 2003. With an estimated life cycle of 15-20 years, the Diavik mine will peak at a production rate of about 10 million carats annually. The two companies share in the diamonds the mine produces in equal ratio to their ownership stakes. DDMI is a subsidiary of Rio Tinto.
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| | | Contact Information | |
Address: |
5007 50th Ave. Yellowknife, Northwest Territories X1A 2P8, Canada
| | Phone: | 867-669-6500 | | Fax: | 867-669-9058 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2008): | 92.30 M | | Employees (2008): | 694 |
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Key People
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President:
Kim Truter
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Manager External and Internal Affairs:
Tom Hoefer
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