Snap Lake Diamond Mine

By the end of 2013, De Beers had spent US$1.8 billion on construction and mine operation.

Of that total, De Beers spent US$1.3 billion with Northwest Territories-based contractors and suppliers, including US$723 million with Aboriginal businesses or joint ventures.

In 2013, Snap Lake Mine provided 776 person years of employment, including 274 person years of employment to Northwest Territories residents, close to the 300 NWT resident employees predicted during the mine’s environmental assessment.

[3] The Snap Lake mine was featured in Ice Road Truckers, a television series on The History Channel.

On December 4, 2015, De Beers announced that due to a drop in the market price of diamonds and a necessary costly license exemption they would stop production of diamonds at the Snap Lake Mine, putting it into "care and maintenance" state so that it could be re-opened at a later date if so desired.

Two loaders work outside the ore processing and recovery plant.