Burgundy: Ekati receivership is ‘deeply disappointing outcome’
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0.299 · RIGHT
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Article Excerpt
Burgundy: Ekati receivership is ‘deeply disappointing outcome’
Ollie Williams
Wednesday July 15, 2026 at 5:54am MT
An image of underground mining at Ekati published by Burgundy Diamond Mines in September 2024.
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Ekati owner Burgundy says the NWT diamond mine’s entry into receivership – bringing its operations to an end after nearly three decades – is a “deeply disappointing outcome.”
A court ordered the mine into receivership on Tuesday at the GNWT’s request. Arctic Canadian Diamond Company, a Burgundy subsidiary, ran out of money and no buyer could be found.
The territorial government h…
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Jul 15, 2026