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Shareholders have cautiously welcomed major diamond producer Dominion Diamond Corporation’s (CN:DDC) plans to extend the life of its majority-owned Ekati mine in Canada’s Northwest Territories with the Misery Deep deposit.
Dominion plans to extend the Ekati diamond mine. Image: Dominion Diamond Corporation
Dominion expects to file permit applications for the underground Misery Deep project in the third quarter of 2017 after yesterday announcing positive results of a pre-feasibility study.
The sale follows Dominion filing for bankruptcy protection in April
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