Layoffs Canada

Burgundy Diamond Mines

Northwest TerritoriesEnergy
Laid off (12 mo)
119
Events (12 mo)
1
Most recent
Aug 2025
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Layoff Activity
Watch
Trend vs prior 12 months: increasingAll-time: 119 laid off across 2 eventsBased on tracked events only — may not reflect all workforce changes
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Pattern

Provinces most affected:Northwest Territories
Primary industry:Energy
Frequency trend:Increasing

Sources

Media Report

All events link to original source articles.

Layoff Event History

August 2025

119
jobs cut(Confirmed actual layoffs)
Northwest Territories

Burgundy Diamond Mines laid off several hundred workers, including 119 union members, at the Ekati diamond mine in N.W.T. after shutting down operations at the Point Lake development, which became sub-economic with current diamond prices. The company plans to restart Point Lake in mid-2026 and has released a life-of-mine plan extending operations until 2040, with laid-off workers eligible to reclaim their positions if reinstated within a year.

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July 2025

~160
jobs cut(Planned or forecast layoffs)
Northwest Territories

Burgundy Diamond Mines announced the suspension of open pit operations at Ekati Diamond Mine in the Northwest Territories, laying off several hundred employees and contractors, with the Union of Northern Workers confirming approximately 160 of its members were affected. The company continues mining at the Misery underground site while the layoffs are attributed to weak diamond market conditions, reduced demand in China, and competition from lab-grown diamonds.

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