Public Review for De Beers' New Mine Plan

By John Jeffay / February 22, 2023 / www.idexonline.com / Article Link

(IDEX Online) - Plans for a new De Beers diamond mine in Canada's Nunavut territory are to go to a public review.The UK-based miner acquired the Chidliak Project, on the vast and sparsely populated Baffin Island, when it bought Peregrine Diamonds in September 2018 for C$107m.It plans to implement its FutureSmart Mining vision, including the use of drones, airships, remote mining and operation of vehicles, and a modular nuclear reactor.But concerns have been raised with the Nunavut Impact Review Board (NIRB) over the mine's potential impact on caribou, polar bears and traditional Inuit harvesting and land use.Federal ministers and the NIRB agreed last week that there should be an environmental review.If approved, the mine could open in 2026, with a closure phase starting in 2045.Pic courtesy De Beers shows the Chidliak Project,

Recent News

Major producers and most of TSXV gold see strong gains

March 03, 2026 / www.canadianminingreport.com

Big Gold production declining, revenue surging, costs flat

February 23, 2026 / www.canadianminingreport.com

Gold stocks rise with majors outpaced by juniors

February 23, 2026 / www.canadianminingreport.com

Agnico Eagle's production dip and higher costs offset by jump in gold

February 17, 2026 / www.canadianminingreport.com

Barrick, Agnico Eagle report extremely strong Q4/25 results

February 17, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok