Jericho Diamond Mine

[2] Shear began processing the existing recovery reject pile in early 2012, selling the recovered stones to Belgian diamond firm Taché,[3] which provided a revolving line of credit.

Taché has given notice of default on certain covenants of their investment agreement, but is working with Shear to find funding or a purchaser.

The company was provided with CAN $35 million loan by Tiffany & Co. to assist in construction of the site, as part of a marketing alliance.

Tahera filed for protection from creditors in January 2008, and the mine stopped recovering diamonds once existing ore stockpiles ran out, one month later.

There is no registered airport at the site, so all heavy equipment had to be brought in by the Tibbitt-to-Contwoyto winter road.