Burgundy Diamond Mines Layoffs 2025 — 119 Jobs Cut in Northwest Territories, Canada
119
employees affected
Media Report
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.
Key Facts
- Announced Date
- August 7, 2025
- Province
- Northwest Territories
- Industry
- Energy
- Laid Off
- 119
- Company Type
- private
- Source
- News Media
Company Info
- English Name
- Burgundy Diamond Mines
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