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Mountain Province
Promising New Kimberlite Found at Gahcho Kué
Geologists have discovered the first new kimberlite pipe in over 20 years at the Gahcho Kué mine in Canada, shareholder Mountain Province reported Tuesday.The find comes nearly three years after production launched at Gahcho Kué,...
Mining Jun 12, 2019 Rapaport News
Mountain Province
Resource Update Boosts Mountain Province
Diamond resources at Mountain Province’s explorationproject in Canada’s Northwest Territories are 74% higher than the company originallyestimated, according to a revised evaluation. The Faraday 2 deposit, one of three pipes in the miner’sKennady North project, has 5.5...
Mining Apr 14, 2019 Rapaport News
De Beers Gahcho Kue
De Beers Canada to move HQ from Toronto to Calgary in Efficiency Drive
De Beers Canada is to close its Toronto headquarters and move it to Calgary by the end of next June in an efficiency-driven restructuring resulting partly by the weakness of the industry, Reuters reported October 16.De Beers Canada spokesperson Tom Ormsby...
Mining Oct 19, 2015 Rapaport News
Mountain Province
Mountain Province Receives Credit Approval on $370M Loan
Mountain Province Diamonds Inc. received approval for its previously announced $370 million loan facility. Since the original announcement of the loan, the lead arranger, Deutsche Bank, was replaced by the Bank of Nova...
Mining Feb 03, 2015 Ronen Shnidman
small ice road
Heavy Traffic Expected on Canada's Diamond Ice Road
The winter ice road leading to the diamond mines in Canada’s Northwest Territories is expected to experience near-record levels of traffic this year due to activity at the Gahcho Kué project.The seasonal road opened this Sunday and...
Mining Feb 03, 2015 Ronen Shnidman
Patrick Evans
Mountain Province Sees Possible 20 Years of Production at Gahcho Kué
Mountain Province Diamonds owns a 49 percent stake in the Gahcho Kué diamond project in Canada's Northwest Territories. Patrick Evans is a former South African diplomat and mining company executive who has served as Mountain Province CEO...
Mining Aug 31, 2014 Rapaport News
gahcho kue
Gahcho Kué Signs Benefit Agreement With Lutsel K’e Dene First Nation
De Beers Canada Inc., Mountain Province Diamonds and the Lutsel K’e Dene First Nation entered into an impact benefit agreement for the proposed Gahcho Kué diamond mine. De Beers is the operator of the project...
Mining Jul 18, 2014 Jeff Miller
gahcho kue
Gahcho Kue Operators, Yellowknives Dene First Nation Sign Agreement
De Beers Canada Inc. and Mountain Province Diamonds entered into an impact benefit agreement (IBA) with the Yellowknives Dene First Nation people for the proposed Gahcho Kué diamond mine. The agreement describes...
Mining Feb 18, 2014 Jeff Miller
gahcho kue
De Beers, Mountain Province, Tlicho Govt. Sign Impact Agreement
De Beers Canada Inc. and Mountain Province Diamonds, joint partners in the Gahcho Kué diamond project, entered into an impact benefit agreement with the Tlicho Government, the body representing First Nations people of the...
Mining Jan 27, 2014 Jeff Miller
gahcho kue
Board Approves Land Permit for Gahcho Kue
Construction is one step closer for a major diamond mining project in the Canadian Tundra, according to Tony Guthrie, the CEO of De Beers Canada, following the approval of a land-use permit for the Gahcho Kue diamond mine....
Mining Dec 03, 2013 Brian Bossetta
gahcho kue
Environmental Review Board Approves Gahcho Kue
The Mackenzie Valley Environmental Impact Review Board (MVEIRB) in Canada recommended approving the Gahcho Kué diamond mine, which is a joint venture between De Beers Canada and Mountain Province Diamonds. In a July 19 letter to the Minister...
Mining Jul 22, 2013 Jeff Miller
gahcho kue
De Beers, Mountain Province Formalize Regional Commitment at Gahcho Kue
De Beers Canada and Mountain Province Diamonds entered into a socio-economic agreement (SEA) with the government of the Northwest Territories for the proposed Gahcho Kué diamond mine. The agreement formalizes commitments made with...
Mining Jun 28, 2013 Jeff Miller
gahcho kue
Gahcho Kue's Geotechnical Drilling Underway
In its project report on the Gahcho Kue diamond mine in Northwest Territories of Canada, Mountain Province Diamonds anticipates approximately 110 truckloads of mining materials, equipment and fuel will be delivered to the site in the next two...
Mining Mar 12, 2013 Jeff Miller
gahcho kue
Gahcho Kue's Environmental Review Nears Completion
Mountain Province Diamonds and De Beers Canada reported that their joint-venture diamond-exploration project, Gahcho Kue, is on schedule and that a 24-month environmental review is nearing completion. Mountain Province's president, Patrick Evans, noted that all...
Mining Aug 07, 2012 Deena Taylor
De Beers, Mountain Province Approve Feasibility Study on Gahcho Kue
De Beers Canada and Mountain Province Diamonds approved the Gahcho Kue feasibility study with some revisions and clarifications. The joint venture partners approved the necessary development work for the Gahcho Kue project and called for the project's operator to prepare a plan and...
Mining Jun 14, 2011 Jeff Miller
Mountain Province Diamonds
Valuation of Gahcho Kue Kimberlites Jump 41%
Mountain Province Diamonds provided an update on its independent valuation of diamonds recovered from the Gahcho Kue project and reported that values had increased 41 percent from April 2010. The valuation was conducted by WWW...
Rough Markets May 05, 2011 Ricci Dipshan
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