Northwest Territories: 'Ring of Ice' diamond deposits rival 'Ring of Fire'
from The Globe and Mail
As Ontario touts the potential for its massive northern Ring of Fire mining development, the Northwest Territories' Industry Tourism and Investment Minister is quick to point out his region's well-established "Ring of Ice." The ice David Ramsey talks about is diamonds, and he says the industry is set for its next stage of expansion. Since its first mine was discovered two decades ago, NWT production has grown to supply 15 per cent of the world's diamonds.
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