With more than 10 years in operation as Ontario’s first and only diamond mine, the chief executive at De Beers Canada said the company is now preparing for the closure of the Victor Mine located in the James Bay Lowlands next winter.
With more than 10 years in operation as Ontario’s first and only diamond mine, the chief executive at De Beers Canada said the company is now preparing for the closure of the Victor Mine located in the James Bay Lowlands next winter.
Kim Truter, who is also company president, said this week the Victor Mine was very well-run, but admitted there might be better ways in the future to run a mining project and keep the First Nations communities more satisfied. He said the time might be right to consider other forms of financial partnerships.
Truter made the comments to The Daily Press Wednesday as the company celebrated the 10th anniversary of the official opening which took place 10 years ago this summer.