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BRIEF-De Beers Canada says Snap Lake mine to be put on care and maintenance

Published 2015-12-04, 11:34 a/m
© Reuters.  BRIEF-De Beers Canada says Snap Lake mine to be put on care and maintenance

Dec 4 (Reuters) -
* Snap Lake mine to be put on care and maintenance
* De Beers Canada says De Beers will evaluate market conditions over the next
year to determine the potential of the ore body as a viable mine
* De Beers Canada Corp says decision follows a review of the mine's operation,
particularly in light of current market conditions
* De Beers Canada says work to suspend production at Snap Lake has begun, and
is expected to last between one to nine months
* De Beers Canada Corp says mining at Snap Lake mine to cease immediately

* Source text for Eikon ID:nCNWf5Ms4a
* Further company coverage AAL.L

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