# Ekati Mine Closes Amid Diamond Industry Decline | Montreal News

Page: https://stenobird.com/podcast/montreal-news-today-2-min-news-the-daily-news-now-7589889/ekati-mine-closes-amid-diamond-industry-decline-montreal-news
Text version: https://stenobird.com/podcast/montreal-news-today-2-min-news-the-daily-news-now-7589889/ekati-mine-closes-amid-diamond-industry-decline-montreal-news.md
Podcast: [Montreal News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/montreal-news-today-2-min-news-the-daily-news-now-7589889)
Published: 2026-07-15T12:56:42+00:00
Episode link: https://sources.thednn.ai/0f1bbdcf4d6dd1a4
Audio file: https://api.fastcast.ai/audio/f088c301-512b-448b-a337-9088432cd952.mp3
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Duration seconds: 89

## Resource

The Ekati diamond mine is shutting down for good, with PwC stepping in as receiver after Burgundy Diamond Mines filed for creditor protection. No buyer could be found to keep operations alive, marking another blow to Canada’s diamond industry already reeling from lab-grown diamonds and U.S. tariffs. With Diavik and Gahcho Kué also closing, the Northwest Territories is pivoting toward critical minerals — smaller, faster-approved mines — to rebuild its economy, even as communities and workers face tough transitions. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/0f1bbdcf4d6dd1a4

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