Canadian Mining Journal

Mountain Province Diamonds Inc

  • DIAMONDS: Mountain Province prices new $330M secured notes to repay construction loans

    December 4, 2017 by Canadian Mining Journal

    TORONTO – Mountain Province Diamonds, 49% owner of the Gahcho Kue diamond mine in the Northwest Territories, is offering US$330 million in senior second lien notes due Dec. 15, 2022. The proceeds, plus cash on hand, will allow the company

  • DIAMONDS: Dominion Diamond’s new chapter

    November 23, 2017 by Virginia Heffernan

    One of the biggest deals to hit the diamond world recently is the sale and privatization of Dominion Diamond, Canada’s premier diamond miner and the world’s third largest producer of rough diamonds by value. The sale gives Montana-based Washington Companies a 100%

  • News

    Top 10 Canadian-based diamond companies

    July 17, 2017 by Canadian Mining Journal

    Canada is the fifth-largest diamond producer in the world, according to the Mining Association of Canada. Last year two new diamond mines came into production: Gahcho Kue in the Northwest Territories and Renard in Quebec. Here are the top 10

  • Diamonds: Mountain Province announces results of fifth diamond sale

    June 27, 2017 by Canadian Mining Journal

    Mountain Province Diamonds Inc. today announces the results of its recently completed fifth diamond sale. The results of the fifth sale, with preceding sale results for comparative context, are summarized as follows: 2017-Q1 Sales 1-3 2017-May Sale 4 2017-Jun Sale

  • News

    MINING PEOPLE: Athabasca Minerals, Candelaria Mining, Mountain Province, Orefinders, and Tervita

    June 15, 2017 by Canadian Mining Journal

    Robert J. Beekhuizen will become CEO of Athabasca Minerals in Edmonton on June, 19, 2017. He has international experience in both the construction and energy industries. Candelaria Mining Corp. of  Vancouver has added two appointments to its executive team. Curtis

  • News

    Five reasons diamond stocks have been dragging

    June 12, 2017 by Canadian Mining Journal

    In the first quarter of 2017, a market-cap weighted aggregation of diamond miners in U.S. dollars including Alrosa (RTS: ALRS), Petra Diamonds (LSE: PDL), Dominion Diamond (TSX: DDC; NYSE: DDC), Gem Diamonds (LSE: GEMD), Lucara Diamond (TSX: LUC), Stornoway Diamond(TSX: SWY), Firestone Diamonds (LSE: FDI), and Mountain Province Diamonds (TSX: MPV, NASDAQ: MPVD) was up

  • News

    DIAMONDS: Gahcho Kue yields two more large stones

    June 1, 2017 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Two more very large diamonds – 84.65 and 53.90 carats – were recovered in April from the Gahcho Kue mine 280 km northeast of Yellowknife. The mine is a joint venture of Mountain Province Diamonds (49%) and

  • News

    DIAMONDS: Gahcho Kue mine offers up 67+ct gem quality octahedron

    February 6, 2017 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Miners at the new Gahcho Kue diamond mine near Lac de Gras have recovered the largest gem quality stone – a 67.87-carat octahedron – ever found there. The announcement was made by Mountain Province Diamonds, owner of

  • News

    DIAMONDS: Mountain Province makes first diamond sale

    January 26, 2017 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Mountain Province Diamond of Toronto has made its first sale of diamonds from the Gahcho Kue mine 280 km northeast of Yellowknife. The company owns 49% of the mine, and the operator, De Beers Canada, holds the

  • Feature

    Early diamonds launch Gahcho Kue mine

    January 1, 2017 by Bill Braden

    If the logistics of building a $1 billion diamond mine 400 kilometres south of the Arctic Circle sound daunting, try organizing its opening ceremony. With a guest list of 150 investors, aboriginal chiefs, politicians, company officials and media from as

  • Feature

    Patrick Evans: Bankers and bureaucrats don’t get it

    January 1, 2017 by Canadian Mining Journal

    Behind the glow of satisfaction with the successful launch of Gahcho Kue, the CEO and president of Mountain Province Diamonds reflects somewhat ruefully on the two decades of hard slogging it took to get there. Soft spoken and cool headed,

  • News

    PROJECT MANAGEMENT: Hatch’s work at Gahcho Kue earns award

    November 14, 2016 by Canadian Mining Journal

    MONTREAL – At an awards gala hosted by the Montreal chapter of the Project Management Institute on Nov. 8, 2016, Hatch’s submission for the Gahcho Kue project took top honours in the private industry category. The 2016 project of the