Diavik Diamond Mine

The company said the turbulent and depressed diamond market was a big factor.

Gahcho Kue is the only working diamond mine left in the NWT after Diavik closed in March and Ekati entered receivership in July.

It's currently expected to close in 2028.

The NWT's premier says a new agreement on nuclear power with two provinces is less about building nuclear plants in the north, and more about being kept in the loop.

And you mentioned earlier that there was a diamond mine that closed earlier this year.

We were fortunate enough to have the COO of Rio Tinto's Diavik mine on our show last March when the mine was about to close.

We're almost six months on now.

How do you feel that process has gone? And I guess what has been the change on the ground locally?

And in 2019, we were involved with a diamond company company that was doing exploration in Botswana.

And this was backed by Chris Jennings, who you might know was one of the founders of Canada's first diamond mine, Diavik.

And we helped him raise money.

I went down to Botswana towards the end of 2019 to help the company with the drilling program.