Two more diamond mines open in Canada

De Beers officially opened its first two mines outside of Africa in northern Canada in late July.

The Snap Lake Mine in Northwest Territories and the Victor Mine in northern Ontario, together, are expected to produce 2 million carats a year. They are Canada's fourth and fifth diamond mines. Snap Lake is expected to employ 560 people and produce an average of 1.4 million carats a year for about 20...