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Yellowknife, Diamond
Capital of North America
A centre of gold, zinc, lead and silver
mining since the early 20th century, the
city of Yellowknife on the north shore of
Great Slave Lake is now the home of North
America's first diamond mining industry.
Since diamonds were discovered in the Yellowknife
area in the early 1990's, some of the largest
diamond mining companies in the world have
set up shop in the Northwest Territories'
capital city. Millions of carats of diamonds
have already been produced, and millions
of dollars of exploration and extraction
dollars have poured into the region.
The diamond boom has fueled interest not
only in diamonds, but also in the vast untapped
wealth of the region's many other mineral
resources.
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