Charles E. Fipke


Charles Edgar "Chuck" Fipke is a Canadian geologist and prospector who discovered the existence of diamonds around Lac de Gras in Canada's Northwest Territories. He is now a multimillionaire involved in geological explorations around the world. Fipke is also a prominent owner and breeder in North American thoroughbred horse racing.

Background

Fipke was born in Edmonton, Alberta. Growing up, he was sometimes assumed to be stupid because of his "frantic stop-start mind". His nicknames include Captain Chaos and Stumpy. He occasionally stammers and is known for his use of the word "hey" at the end of sentences.
In 1970, he graduated from University of British Columbia with a bachelor of science degree in geology. Fipke received an honorary doctorate from Okanagan University College in 1998.
In 2006, Fipke donated to UBC to support the creation of the Charles Fipke Centre for Innovative Research. In 2012, the Fipke Laboratory for Trace Element Research opened, with Fipke funding the purchase of imaging equipment including a scanning electron microscope. "To graduate excellent scientists, a university needs to have the best technology available," said Fipke. "My goal is to help UBC's Okanagan campus reach the leading edges of science, in order to recruit the top students and faculty from around the world." Fipke has also donated substantially to Alzheimer's research at UBC.
Fipke was divorced by his wife Marlene in 2000, who had been with him since he began searching for the diamonds. At the time, the divorce settlement was the largest in Canadian history, with her portion of the assets estimated to be approximately.

Career

Upon graduation, Fipke worked for companies such as Kennecott Copper and Cominco, performing mineral explorations in locations such as Papua New Guinea, South Africa and Brazil. He became an expert in the study of indicator minerals to identify potential strikes, the key to his later success. "Everyone now knows that G-10 garnets with low calcium might lead you to diamonds, hey," he said in 2011. "But how do you distinguish between a group 1 eclogitic garnet that grew with a diamond and a group 2 eclogitic garnet that didn't? They look the same." Fipke uses custom software to help determine the difference. "No one else out there can distinguish between these similar tiny particles of minerals that grow with a diamond and ones that don't."
In 1977, Fipke founded CF Mineral Research, a heavy mineral and diamond exploration research laboratory. In 1983, he founded Dia Met Minerals, which became listed on the Vancouver Stock Exchange in 1984. Dia Met was sold to BHP Billiton in 2001.
In 1988, Fipke and partner Stu Blusson began a systematic search for diamonds in the Northwest Territories, leading to the discovery of the first diamond pipe in North America in November 1991 near Lac de Gras. The Ekati Diamond Mine is now located there. Fipke maintained a 10% interest in Ekati until 2014, when he sold his share to Dominion Diamond Corp. for. "I'm not really a miner," he said. "I'm an exploration geologist. This sale gives me more ability to do exploration."
Fipke is currently involved in multiple greenfield projects, involving searches for diamonds in Ontario with Metalex Ventures, for gold in the Yukon, Nevada and Yemen with Cantex Mine Development and for uranium along the Manitoba–Saskatchewan border with Northern Uranium.

Horse racing

Fipke bought his first thoroughbred racehorse in 1981 and has subsequently become a significant owner and breeder. His major winners include:
Fipke owns two farms in Kentucky where he houses roughly 75 broodmares. He breeds mainly to stallions Tale of Ekati, Perfect Soul and Jersey Town.

Honours and awards

Fipke has received multiple honors, including:
He was inducted into the Canadian Mining Hall of Fame in 2013.
Fipke's history forms a significant portion of the "narrative broth" from which author Kathy Reichs formed the plot of the novel Bones Are Forever.