Impending closure of Ekati diamond mine a ‘deeply disappointing outcome’: owner

The impending closure of the insolvent Ekati diamond mine is a “deeply disappointing outcome” for workers, shareholders and communities in the Northwest Territories, said the chief executive of Australia-based Burgundy Diamond Mines. “Ekati has made an extraordinary contribution to the territory for more than 25 years as a major private-sector employer and through its long-standing relationships with Indigenous communities and local businesses,” Jeremy King said in an announcement posted to the Australian Stock Exchange. The Supreme Court of British Columbia granted the Canadian arm of Burgund…