Mountain Province Diamonds Inc
-
Diamond market shows signs of revival
After being virtually shut down since March, the diamond market has slowly come back to life. This fall, De Beers, the world’s largest diamond producer by value, has reported a growing momentum in sales. Several small producers also reported their…
-
Mountain Province resumes diamonds sales in Antwerp
Mountain Province Diamonds held its first traditional diamond sale since the pandemic began on Sept. 19 in Antwerp. And while the sales figures are modest, the resumption of diamond sales is a major positive development for the diamond sector, which…
-
DIAMONDS: Mountain Province looks to biggest shareholder for revenue, refinancing
TORONTO – Mountain Province Diamonds‘ biggest shareholder is once again providing a lifeline to the diamond miner, which has been starved of revenue since the coronavirus pandemic began in March. After closing a $50-million alternative diamond sale deal in June…
-
Diamonds Snapshot: Six juniors staying in the game
For companies without the size and heft of the big producers De Beers and Alrosa, the diamond space has always been a challenging one – even before the coronavirus pandemic. But with long-term fundamentals that point to a bright future…
-
DIAMONDS: Mountain Province arranges $50M alternative diamond sale
TORONTO – With the diamond trade still largely shut down due to the coronavirus pandemic, Mountain Province Diamonds has found a way to bring in much needed revenue with a $50-million sale of rough to a company owned by its…
-
MINING PEOPLE: Freeman Gold, Golden Tag, Heatherdale Resources, New Pacific Metals, Skeena
Management moves announced this week include: Dean Besserer is now VP of exploration with Freeman Gold. Golden Tag Resources has named Greg McKenzie president, CEO and a director with Carmelo Marrelli appointed to the CFO role. Will Ansley is now…
-
DIAMONDS: Coronavirus curbs Mountain Province revenue
Unlike many other mines in Canada and around the world that have been put on care and maintenance in the last week because of the global COVID-19 pandemic, De Beers‘ (51%-owned) and Mountain Province Diamonds‘ (49%-owned) Gahcho Kué mine in…
-
Gahcho Kue delivers fancies, large stones
Partners Mountain Province Diamonds (TSX: MPVD; NASDAQ: MPVD) and De Beers seem to be finding their stride at the Gahcho Kue mine, in the Northwest Territories. Mountain Province owns a 49% stake in the open pit mine, while De Beers is the majority owner…
-
DIAMONDS: New kimberlite found at Gahcho Kue says Mountain Province
NORTHWEST TERRITORIES – Toronto-based Mountain Province Diamonds has announced the discovery of a new kimberlite at the Gahcho Kue diamond mine 280 km northeast of Yellowknife. The mine is owned 49% by Mountain Province and operated by De Beers Canada,…
-
Mountain Province improves resource at Faraday 2
In early April 2019, Mountain Province Diamonds (TSX: MPVD; NASDAQ; MPVD) updated the resource estimate for its Faraday 2 kimberlite – one of several kimberlites at its Kennady North diamond project in the Northwest Territories. This is the first update to the…
-
DIAMONDS: Mountain Province stock takes off on 74% diamond resource increase
NORTHWEST TERRITORIES – Shares of Mountain Province Diamonds surged on Thursday after releasing its latest mineral resource estimates at the Faraday 2 kimberlite, located within the Kennady North project. The stock rebounded by more than 12% at the open in Toronto, lifting…
-
DIAMONDS: Mountain Province begins Kennady North winter drilling
NORTHWEST TERRITORIES – Toronto-based Mountain Province Diamonds has begun the winter exploration program at its 100% owned Kennady North project. The property is adjacent to the Gahcho Kue diamond mine, a joint venture of De Beers Canada (51%) and Mountain…
