Diamond riches fuel Chuck Fipke’s Derby dreams

Kentucky Derby winner Orb dominated the headlines and basked in the accolades following a muddy win at Churchill Downs on Saturday.

The second-place finisher wasn’t a bad story either. Golden Soul overcame pre-race odds of 34-1 to take second in the prestigious race, netting owner Chuck Fipke a $400,000 payday. Fipke discovered the kimberlites that became Ekati, Canada’s first diamond mine, in the Northwest Territories in the early 1990s, setting off a staking rush and giving birth to a Canadian industry. Ekati now produces about 4% of the world’s diamond supply; Fipke’s horse Tale of Ekati came fourth in the 2007 Kentucky Derby.

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