Kelsey Lake

Key Facts
  • Asset TypeMine
  • LocationUnited States

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Latest Information
  • Kelsey Lake Diamond Mine Sold
    Mckenzie BAY International has Entered Into a Contract to Sell its Wholly Owned Subsidiary,Great Western Diamond Company,to Roberts Construction Company,a Private North Dakota Corporation,and Bj&J LTD,a Private Colorado Corporation. Great Western Owns the Kelsey Lake Diamond Mine in Colorado. the Companies Will Acquire Great Western for NET Book Value of all Equipment Less Outstanding Debts at Time of Option. in Addition,for a Period of Five Years From the Closing Date,Mckenzie BAY is to Receive a Royalty Equal to 50% of Revenue NET of Expenses Based on any Diamonds Recovered Over 10Carats PER Hundred Tons of Kimberlite Mined Based on an Average Price of US $118PER Carat. Roberts Will be the Operator Throughout the DUE Diligence Period.
    On 2001-09-09
  • American Diamond Mine Commences Production
    American Diamond Mine Commences Production
    On 2001-01-08
  • Diamond Recovery to Begin / Share Divide Under Review
    Diamond Recovery to Begin / Share Divide Under Review
    On 2000-08-16
  • Kelsey Lake Diamond Mine Released From Bankruptcy
    Kelsey Lake Diamond Mine Released From Bankruptcy
    On 2000-05-01
  • Purchases Kelsey Lake Diamond Mine From Redaurum LTD
    Purchases Kelsey Lake Diamond Mine From Redaurum LTD
    On 2000-04-19