Volatile raw diamond prices, mine pause has N.W.T. mulling need to diversify economy | Page 13 | Unpublished
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Source Feed: Global News - Canada
Author: Globalnews Digital
Publication Date: February 10, 2026 - 17:56

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Volatile raw diamond prices, mine pause has N.W.T. mulling need to diversify economy

February 10, 2026
Growing popularity of lab-grown diamonds has caused raw diamond prices to plummet in recent years. U.S. tariffs on India, where most are cut and polished, has also impacted miners.


Unpublished Newswire

 
Until mid-afternoon on February 10, Tumbler Ridge, British Columbia, was a place known for mining and bears, for its geopark and dinosaur fossils and mountain vistas. But most Canadians had likely never even heard of this town, with its approximately 2,700 residents. Set in the foothills of the Hart Ranges, a subrange of the Rocky Mountains, Tumbler Ridge is close enough to the famed mountain parks of Alberta and BC to share a bit of their epic scenery but far enough to go mostly unnoticed by the outside world. Everything is different now, and in the worst way. Eighteen-year-old...
February 19, 2026 - 06:30 | Christina Frangou | Walrus
This August will mark five years since the Taliban returned to power in Afghanistan. If they hold onto their totalitarian rule for that long, they could go on to surpass their initial reign, which lasted from 1996 until the United States–led invasion in 2001. This time around, in the absence of armed intervention, it’s become increasingly clear that the international community’s measures to push them out are failing. Over the past half-decade, the Taliban have brought one form of shock and pain after another to the Afghan people: girls being denied most types of higher education, the...
February 19, 2026 - 06:29 | Soraya Amiri | Walrus