The Government of the Northwest Territories has approved Diamonds de Canada Ltd. as an official NWT diamond manufacturer.
The agreement ensures that Diamonds de Canada has access to NWT-mined rough diamonds, and that the companySA国际影视传媒檚 manufacturing activities, which include cutting and polishing, will occur in the NWT.
Benjamin King, CEO of Diamonds de Canada, was discussing a revised policy framework in the NWT in February 2020, which is what led to approval of this agreement.
SA国际影视传媒淐OVID happened and it took us about a year and a half to work our way through the process,SA国际影视传媒� said King. SA国际影视传媒淭hen it ended up basically culminating in todaySA国际影视传媒檚 [Aug. 25] announcement.SA国际影视传媒�
KingSA国际影视传媒檚 time in Yellowknife assisted him and his colleagues in wanting to to be an SA国际影视传媒渋ntegral part of the community.SA国际影视传媒�
The company is working to refine its processes and configure its equipment, preparing for a formal opening sometime this September or October, according to King.
SA国际影视传媒淲e already are processing diamonds [in the NWT] SA国际影视传媒� cutting and polishing diamonds,SA国际影视传媒� he said. SA国际影视传媒淢ost of our technology, though, is very unique, very preparatory and custom. So, basically itSA国际影视传媒檚 getting the software languages to speak between the different pieces of equipment that were built around the world, and once weSA国际影视传媒檙e at a good point, we will showcase the diamonds to the community.SA国际影视传媒�
Diamonds de Canada will be hiring and training NWT residents to operate the technology while also providing instruction on traditional polishing methods.
SA国际影视传媒淲eSA国际影视传媒檝e already hired local people,SA国际影视传媒� said King. SA国际影视传媒淎nd weSA国际影视传媒檙e looking to hire more as we grow.SA国际影视传媒�
The companySA国际影视传媒檚 business model includes the use of an automated cutting and shaping system that will minimize its footprint while allowing it to be on par with some of the worldSA国际影视传媒檚 most advanced manufacturers.
SA国际影视传媒淪A国际影视传媒� the GNWTSA国际影视传媒檚 diamond industry continues to diversify into the manufacturing of diamonds,SA国际影视传媒� Industry Minister Caroline Wawzonek stated. SA国际影视传媒淩esidents will be exposed to new training and job opportunities that will strengthen their communities and the territory as whole. The success of our approved NWT diamond manufacturers will mean the success of our territorySA国际影视传媒檚 ability to diversify economically in an existing industry that has already brought economic prosperity to the NWT.SA国际影视传媒�
