Construction work and pre-stripping of the Panda pit are under way at the NWT Diamonds project near Lac de Gras.
The project is being developed by a unit of BHP Minerals, which holds a 51% interest in the project. Kelowna, B.C.-based Dia Met Minerals (DMM-T) holds 29%, with the remainder held by private individuals.
James Rothwell, president of BHP Diamonds, attended Dia Met’s recent annual meeting and provided shareholders with a progress report.
Pre-stripping of the Panda pit has begun, foundation work has been completed on the processing plant, and construction is well under way on the power plant and truck shop. Startup is scheduled for the second half of 1998.
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