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(IDEX Online) - Canadian retailer Arctic Blue has bought a controlling interest in the WO Diamond Project, in Northwest Territories, where explorations are at an advanced stage.

As the new operator of the WO Joint Venture, Arctic Blue will manage the diamond marketing rights for the project.

Canadian private company Arctic Blue Diamonds has secured an 89.7% controlling interest in the WO diamond project, home to one of the country’s biggest undeveloped diamond-bearing kimberlites, DO27.

YELLOWKNIFE, NT, July 9, 2025 /CNW/ - Arctic Blue Diamonds Ltd. ("Arctic Blue"), a private NWT diamond company ... was acquired from Peregrine Diamonds Ltd., a subsidiary of De Beers Canada Inc., and ...

Blue Diamond Growers will be winding down operations and leaving its historic midtown Sacramento almond plant, the company announced Friday.

Hundreds of Blue Diamond Growers employees in Sacramento will lose their jobs after the company announced Friday that it will shut down operations at its Midtown plant.

In 1995, Blue Diamond received some $20 million worth of incentives to keep its plant in midtown, as local politicians feared the move that will now happen.

Blue Diamond Growers announced it will shut its midtown Sacramento plant, moving operations to Turlock & Salida. Around 600 jobs will be affected in next two years.

The closure will cost 600 jobs and leave a sprawling midtown site vacant. But for Blue Diamond, the move is about protecting California almond farmers.