RE:RE:RE:RE:RE:CAD$1 billion - end goal of winter program?Kid - you are ahead of the news curve. Here is recent article on the Diavik layoffs --
Diavik cuts
They refer to the excuse of tough market conditions..but with diamond prices a chunk higher then 10 months ago...why now?
Wonder if we could see a Snap Lake type early closure on the mine.
Bunder Gone.
Snap Lake Gone.
Ellendale mine gone.
Argyle mine closed at some point between 2018 and 2020.
Now we see Diavik stumbling a bit on the profit margin side.
Victor mine hiring for several new employees...all with reclamation skillsets.
SWY holding back tiny diamonds from auction because of India.
Jay Pipe's main distribution of rough diamonds is supposed to be India. They already deferred Jay Pipe 1 extra year because of another pipe they were to bring into the plan.
LONG....PGD
EKIM