The Diavik Diamond Mine is a diamond mine in the North Slave Region of the Northwest Territories, Canada, about 300 kilometres (190 mi) north of Yellowknife. It has become an important part of the regional economy, employing 700, grossing C$100 million in sales, and producing approximately 7.5 million carats (1,500 kg (3,300 lb)) of diamonds annually.[2] The area was surveyed in 1992 and construction began in 2001, with production commencing in January 2003. It is connected by an ice road and Diavik Airport with a 5,235 ft (1,596 m) gravel runway regularly accommodating Boeing 737 jet aircraft.