La Pierre Précieuse Inc from Montreal, Quebec was the winner of the 2017 CanadaMark Jewellery Design Competition award, Dominion Diamond Corporation recently announced. The competition honours jewellery pieces with the highest level of creativity and excellence in quality and style, showcasing CanadaMark-certified diamonds.
Retailers from across Canada were invited to submit a unique pendant design featuring a CanadaMark certified diamond. In celebration of Canada’s 150th birthday, the theme for each design was “Canada.” Out of the 10 finalists selected by Dominion, La Pierre Précieuse’s design was chosen by consumers as the favourite through a vote held on the CanadaMark website, which was open to the general public in Canada for four weeks ending May 31, 2017.
The winning pendant features a 0.40-carat, round brilliant CanadaMark-certified stone centred in a warm rose gold maple leaf setting with a Canadian maple wood background. The award for the winning design was presented to La Pierre Précieuse on June 7 at the CanadaMark cocktail reception at the JCK Las Vegas show.
The award featured a plaque with a stone carving by Wayne Nataway, an artist from the Northwest Territories. The piece is called Transformation and was carved by the artist in 1996.
The winning pendant was purchased by Dominion and awarded to one of the participating consumer voters at random.
The CanadaMark diamond hallmark programme is owned by Dominion. Every CanadaMark diamond is responsibly mined in the Northwest Territories, natural and untreated, tracked through audited processes at every stage from country of origin to polished stone, and polished to meet specific quality standards, according to the company. The CanadaMark programme is unique in that it creates an unbroken and independently audited chain of origin, it added.
Also at the cocktail reception, Dominion presented the Arctic Sun, the largest fancy yellow stone recovered to date in North America at 65.93 rough carats, with an estimated polished value of $5 million. The diamond was recovered from the Misery pipe, which continues to produce outstanding large fancy yellow diamonds, providing upside to modelled diamond prices, the miner said.
In May 2017, a positive pre-feasibility study was completed on the development of an underground operation below the Misery Main open pit at the Ekati mine. The pre-feasibility study was based on the mining of Misery Deep between calendar years 2018 and 2022, and a probable mineral reserve of 1.8 million tonnes of kimberlite and 8.7 million carats, on a 100 percent basis. Construction of the project has been approved by the board of directors and permit applications are expected to be filed in the third quarter of this year, according to Dominion.