De Beers to Flood Massive Diamond Mine

The transcript discusses a Canadian diamond mine facing financial and engineering challenges. Despite a rich diamond deposit, the mine's location under a subarctic lake and water leakage issues have made it difficult to maintain. De Beers has opted to flood the mine to reduce costs while keeping future reopening options open. The mine's remoteness and environmental factors add complexity to its potential viability.

What are the potential consequences of flooding the mine for future operations?

What is the significance of the diamond reserve mentioned in the text?