Nobody steps in to buy Ekati, mine poised to shut down for good
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Article Excerpt
Nobody steps in to buy Ekati, mine poised to shut down for good
Ollie Williams
Tuesday July 14, 2026 at 8:19am MT
Ekati's landfill in early 2026. Photo: GNWT
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The NWT’s Ekati diamond mine looks set to shut down and enter reclamation after nobody bid for it in a court-supervised sales process.
Bidders had until the end of last week to make an offer for Ekati after current owner Arctic Canadian Diamond Company, a subsidiary of Burgundy Diamond Mines, entered creditor protection in May.
According to court documents made public on Tuesday, there were no bids despite 140 “p…
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Jul 14, 2026