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Boom on boom

Mining booms usually take place against a favourable background for metal prices and demand. However, one of Canada’s more recent booms, the diamond boom, often referred to as Lac de Gras, was an exception during diamond market weakness in the early 1990s.

Chris Cann
Way out west: Kalgoorlie in the boom of yesteryear

Way out west: Kalgoorlie in the boom of yesteryear

Key discoveries were what became the Ekati diamond mine developed by BHP Billiton and Rio Tinto’s Diavik mine. During the boom’s peak (1992-95), huge sums of speculative money were raised in Canada and...

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