Most recent data available to CACERMDI indicates that Canada is the third largest producer of rough diamonds in the World by value and volume. There are four actively operating mines in Canada with three in Northwest Territories (Ekati Diamond Mine, Diavik Diamond Mine and Gahcho Kué Diamond) and one in Quebec (Renard Mine). There is a mine that is regarded as an advanced project and it is called the Star-Orion South project, located in central Saskatchewan.
Diamond is known as the hardest material and is industrially useful as an abrasive material in cutting, drilling, grinding and polishing. It has the highest thermal conductivity that any material could have at room temperature and this makes it useful as a sink to dissipate heat in electronic devices such as computers and diode lamps.
It is only the Renard mine in Quebec that has been recording an increase in terms of volume and the reason why others suffer a decrease is because of a weak and challenging diamond market presented internationally