* Miner had planned 4-week shutdown due to weak demand
* Company sees "positive trends" in market
TORONTO, Sept 29 De Beers Canada is canceling
the planned four-week winter shutdown at its Snap Lake diamond
mine in Canada's Arctic due to improvements in the global
diamond industry, the company said on Tuesday.
De Beers, which is 45 percent-owned by mining group Anglo
American (AAL.L), announced the shutdown earlier this year as
the economic slowdown took a heavy toll on luxury goods.
The decision to cancel the shutdown follows a similar move
at the nearby Diavik diamond mine, which is owned by Harry
Winston Diamond HW.TO and Rio Tinto (RIO.L).
"This is a good news decision in response to some positive
trends we are seeing in the market place," said Jim Gowans,
chief executive of De Beers' Canadian unit.
Snap Lake, which is De Beers' first mine outside of South
Africa, is located in Canada's Northwest Territories.
The mine produces about 1.4 million carats a year.
(Reporting by Cameron French; editing by Rob Wilson)