Sudbury Gives Shine To Ontario Diamonds



    McGuinty Government Promotes Job Creation In The North

    TORONTO, April 6 /CNW/ -

    NEWS

    Ontario's first diamond cutting and polishing facility will be located in
Greater Sudbury and will create about 50 new jobs in the community.
    Crossworks Manufacturing, part of the HRA-SunDiamond Group, who qualified
for a supply contract with De Beers' Diamond Trading Company (DTC), will cut
and polish an estimated $25-million worth of rough stones a year at a new
northern facility. Once completed later this year, the facility will employ
about 50 people in special skilled diamond cutting trades, as well as
administrative and maintenance positions.
    The rough stones will come from the De Beers Canada Victor Mine, located
90 kilometres west of Attawapiskat First Nation, in the James Bay Lowlands. 
Under an agreement with the Ontario government, De Beers Canada, through the
De Beers global sales and distribution arm, the DTC, is making 10 per cent of
its annual rough diamond production from the Victor mine, by value, available
for cutting and polishing activities in Ontario.

    QUOTES

    "This exciting initiative will provide new avenues of employment and
expertise as well as further advance Greater Sudbury's reputation as a centre
of mineral excellence."
    - Rick Bartolucci, MPP for Sudbury

    "The Ontario government is following through on its commitment to create
opportunity for value-added activities that will promote a vibrant diamond
industry that could include trading, jewellery manufacturing, marketing,
tourism and other activities."
    - Michael Gravelle, Minister of Northern Development and Mines

    "De Beers Canada is committed to sustainable development and the creation
of business, training and employment opportunities in the areas in which we
operate our mines. We are proud to be the first diamond mine in Ontario and
will continue to seek ways to grow with our partners".
    - Jim Gowans, President & CEO, De Beers Canada.

    "The establishment of our factory is a great beginning for us in Ontario
and will put Greater Sudbury on the global diamond map. As a Canadian company,
we are excited about the possibilities that this offers the jewellery
industry, the City of Greater Sudbury, the Province of Ontario and Canada."
    - Uri Ariel, President, Crossworks Manufacturing Ltd.

    
    QUICK FACTS
    -  Ontario recently joined other stakeholders in establishing Canada's
       first diamond bourse (http://www.diamondbourse.ca/index.html) in
       Toronto.

    -  Canada ranks in the top three diamond producers in the world in terms
       of value.

    LEARN MORE

    De Beers Canada Victor Mine at www.debeerscanada.com
    Get acquainted with Ontario's Mineral Development Strategy
    (http://www.mndm.gov.on.ca/mines/mds/default_e.asp)

    -------------------------------------------------------------------------
                                                       ontario.ca/north-news
                                                      Disponible en français
    




For further information:

For further information: Anne-Marie Flanagan, Minister's Office, (416)
327-0655; Ron Gashinski, Diamond Sector Unit, MNDM, (705) 670-5609

Organization Profile

Ontario Ministry of Northern Development, Mines and Forestry

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890