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Stuart Brown Mountain Province
Firestone Chief Heads to Mountain Province
Mountain Province has appointed Stuart Brown as its CEO, to succeed interim chief David Whittle, the Canada-based miner said Tuesday. Brown (pictured), currently CEO of Firestone Diamonds, recentlyannounced he would leave the company on June...
Mining May 16, 2018 Rapaport News
Mountain Province Gahcho Kue
Mountain Province Revenue Rises Amid Asia, US Demand
Mountain Province saw $52 million in revenue from its GahchoKué mine in the first quarter of 2018 amid strong demand for rough diamonds. “Rough-diamond markets in general continued to firm notablythrough the quarter, with strong...
Mining May 15, 2018 Rapaport News
kennady 150
Mountain Province Gets Approval for Kennady Deal
Mountain Province will move forward with its acquisition ofKennady Diamonds, after both parties’ shareholders approved the deal at aspecial meeting.In January, Mountain Province announced its intention torepurchase the Kennady exploration project...
Mining Apr 10, 2018 Rapaport News
Mountain Province 150
Mountain Province Sales Hit $134M in First Year
Mountain Province saw $134 million in revenue from the firstyear of operations at its Gahcho Kué mine, the company said this week. The miner sold 2 million carats at an average price of $70per carat during 2017,...
Mining Mar 29, 2018 Rapaport News
De Beers Canada
De Beers Eyes Stake in Canada Diamond Project
De Beers and Mountain Province have signed a non-bindingagreement that opens the door to the two miners having shared ownership of the Kennady Diamonds project in Canada.The two companies are currently partners in the Gahcho Kué...
Mining Mar 18, 2018 Rapaport News
Rough Demand Boosts Mountain Province Sales 150
Gahcho Kué Prices Rise as Market Improves
Mountain Province Diamonds has posted its highest monthly sales total to date, as better-quality production and improved demand drove rough prices higher in February.The company sold a total of 351,000 carats from its Gahcho Kué...
Mining Feb 13, 2018 Rapaport News
Mountain Province to Acquire Kennady Diamonds 150
Mountain Province Acquires Kennady Project
Mountain Province Diamonds will purchase exploration group KennadyDiamonds in an all-share deal, reuniting two Canadian companies that split fiveyears ago. For each Kennady share, its investors will receive 0.975 ofa Mountain Province...
Mining Jan 30, 2018 Rapaport News
Kennady Diamonds
Kennady Buys Mine Sites Next to Gahcho Kué
Kennady Diamonds acquired six mining leases from GGLResources Corp. adjacent to the high-value Gahcho Kué mine in Canada for $154,949(CAD 200,000) in cash.The leases adjoin Gahcho Kué’s southern border and compriseroughly 4,233 hectares,...
Mining Aug 22, 2016 Rapaport News
Kennady Diamonds Hires New CEO to Replace Founder
Kennady Diamonds has appointed Rory Moore as its presidentand chief executive officer, effective May 1. Moore is a former CEO of MineralServices Group of Companies and Canabrava Diamond Corp.He replaces Patrick Evans, who has led the...
Mining Apr 07, 2016 Rapaport News
Kennady Announces Highest Commercial Sample Grade from Canada Project
Kennady Diamonds announced a recordcommercial sample grade from the company’s 100-percent controlled Kennady Northproject in Canada.The grade for stones greater than0.85mm from the Faraday 2 kimberlite was 4.48 carats per tonne, while thesample...
Mining Jan 27, 2016 Rapaport News
Kennady Diamonds Announces 3.55-ct Sample Grade from Kelvin North
KennadyDiamonds announced an “exceptional” sample grade of 3.55 carats per tonne fordiamonds of commercial size that were recovered from its Kelvin North Lobeproject in Canada. The three largest diamonds found were 0.67-carats, 0.23carats and...
Mining Dec 21, 2015 Rapaport News
Kennady Diamonds Announces ‘Exceptional’ Grade from Kelvin Sample
Kennady Diamonds has announced an “exceptional” grade of 3.4carats per tonne in a sample taken from the Kelvin North Lobe in Canada’sNorthwest Territories. The 2.67-tonne sample was processed by caustic fusion at theGeoanalytical Laboratories Diamond Services of the...
Mining Dec 08, 2015 Rapaport News
Kennady’s Kelvin Valuation Compares With World’s Highest-Margin Diamonds
A Kennady Diamonds Inc. mine in Canada’s NorthwestTerritories is said to have diamonds valued at $123 per carat on average,which compares with the world’s highest-margin, new-diamond repository.The price assessment -- done by WWW International DiamondConsultants in Antwerp -- was based...
Mining Oct 20, 2015 Rapaport News
Kennady Diamonds Reports Sample Grade From Kelvin Winter Drill Program
Kennady Diamonds Inc.'s recovery results from the Kelvin winter core-drilling program returned a sample grade of 2.74 carats per tonne of ore out of kimberlite from the Kelvin North Lobe. The samples were processed...
Mining Jun 22, 2015 Jeff Miller
Kennady Diamonds' Private Placement to Raise $16M
Kennady Diamonds Inc. is undertaking a non-brokered private placement to raise approximately $16 million (CAD 20 million) through a combination of common shares and flow-through common shares. The common shares to be issued have been priced at $3.55 and...
Financial-Legal Feb 09, 2015 Jeff Miller
Diamond Grade Improves in the Latest Kelvin Mini-Bulk Sample
Kennady Diamonds Inc. recorded a grade of 2.59 carats per tonne of ore from its Kelvin summer/fall mini-bulk sample program, an increase of 40 percent from the diamond grade recovered from a 25-tonne mini-bulk sample earlier in the...
Mining Dec 24, 2014 Jeff Miller
Kennady Diamonds Intersects Kimberlite in Latest Kelvin Drill Hole
Kennady Diamonds Inc. intersected kimberlite at 390 meters below the surface during its latest Kelvin delineation drill hole (KDI-14-065), which is approximately 50 meters north of drill hole KDI-HQ14-033a, where kimberlite was intersected at approximately...
Mining Dec 16, 2014 Jeff Miller
Kelvin's Sample Grade Meets Kennady Diamonds' Guidance
Kennady Diamonds Inc. revealed that diamond recovery results from the Kelvin mini-bulk sample, which was processed by dense media separation at the Geoanalytical Laboratories Diamond Services of the Saskatchewan Research Council (SRC), was...
Mining Oct 06, 2014 Jeff Miller
Kennady Diamonds to Raise $5M From Private Placement
Kennady Diamonds Inc. is arranging a non-brokered private placement to raise approximately $5 million through the issuance of common shares at a price of $6.50 each. The placement is expected to close on or about September 30 and is subject to regulatory approval.Kennady Diamonds' major...
Financial-Legal Sep 16, 2014 Jeff Miller
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
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