Canadian Diamond Play Cafi Message Board

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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: Chas. who wrote (440)	12/23/2002 6:50:13 PM
From: WillP	Read Replies (2) of 16206

Permitting in the NWT is never easy, and De Beers will be no exception, but other than the normal delays upon delays, things will progress "normally". De Beers's revised timeline is more realistic. How will it prioritize Snap Lake vs. Kennady Lake? Well, I can't imagine anyone seriously deciding to put Snap on hold in order to advance Kennady, if that's what you're suggesting. That'd sure tick off some regulators, which would be a major faux pas. That's the general consensus with most I've talked to, at least. Remember that the permitting process had taken years for Diavik and Ekati. It's not getting any easier with the cumulative impacts aspect. As for the problems, well, there's rumours of more dilution required to mine the dike than Winspear's study indicated, but at least some increase was generally anticipated. Their contract miners did a pretty good job of taking the bulk sample in '00-01 and there's a heaping big mound of ore in a stockpile that says it was possible. Beyond that, mum's the word from a private company. Regards, WillP

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