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Saskatchewan diamond mine gains provincial approval

29th October 2018

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

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The Star Diamond Corporation has received environmental approval from the Saskatchewan government for its Star-Orion South project, near Prince Albert.

The project already has a positive federal environmental assessment decision in the bag.

The company recently announced the positive results of the independent preliminary economic assessment on the project, which estimates that 66-million carats of diamonds could be recovered in a surface mine over a 38-year project life.

Last year, Star Diamond granted Rio Tinto Exploration Canada (RTEC) an option to earn up to a 60% interest in the company’s Fort à la Corne mineral properties, including the Star-Orion South project.

Edited by Creamer Media Reporter

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R/€ = 20.2729 Change: -0.0192
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