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Canada’s diamond industry begins a long goodbye

Filed: May 02, 2026 at 9:03 AM ET
Summary: Rio Tinto’s Diavik mine closure marks the start of the end for diamonds in Canada’s Northwest Territories.
WHO: Rio Tinto
WHAT: Closure of the Diavik mine
WHEN: May 02, 2026 at 8:00 AM ET
WHERE: Northwest Territories, Canada
WHY: No specific cause was reported.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.

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