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Canadamark 150
Mountain Province Joins CanadaMark Initiative
Dominion Diamond Mines has agreed to allow Mountain ProvinceDiamonds to use its CanadaMark certification program. CanadaMark assures consumers its certified diamonds originatedin Canadian mines, and are natural and untreated. All diamonds produced...
Mining Jun 03, 2018 Rapaport News
De Beers Orapa Mine
De Beers Raises Output in Healthy Market
De Beers’ production grew during the first quarter as the company reached full capacity at its Gahcho Kué mine in Canadaand increased output in Botswana. The miner’s global production jumped 15% year on year to 8.5million carats...
Mining Apr 24, 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
Gahcho Kue
Mountain Province Sees Average Price Decline
The average price of rough diamonds sold by MountainProvince fell in December as a large proportion of the goods on offerwere smaller stones, the company said. The miner sold 364,000 carats of rough from itsGahcho Kué mine at an average...
Mining Jan 04, 2018 Rapaport News
Gahcho Kue processing plant
Rough Demand Firm at Gahcho Kué Sale
Mountain Province Diamonds reported solid demand at itsNovember sale as positive retail sentiment in the US and Asia translated intoimproved rough trading. The miner sold $19 million of rough diamonds from its GahchoKué mine, with...
Mining Nov 28, 2017 Rapaport News
Gahcho Kue processing plant
Gahcho Kué Production Exceeds Forecasts
Mountain Province Diamonds could surpassits diamond output target for 2017 from the Gahcho Kué mine in Canada’sNorthwest Territories due to stronger-than-expected production in the thirdquarter.Mountain Province is a 49% partnerwith De Beers Canada in the mine, which...
Mining Oct 25, 2017 Rapaport News
Gahcho Kue
Average Price Drops at Mountain Province Sale
Mountain Province Diamonds saw the average price of rough atits September sale fall to the lowest level yet, as the tender included anunusually large proportion of small stones and fewer high-end goods.The company sold...
Mining Sep 18, 2017 Rapaport News
Gahcho Kue
Gahcho Kué Prices Hit New Peak at $95/ct.
Mountain Province Diamonds recorded its highest averageprice to date as it garnered $21.1 million at its June sale.The fifth tender of rough from the company’s Gahcho Kué minefetched $95 per carat, compared with $72 per...
Mining Jun 27, 2017 Rapaport News
Gahcho Kue processing plant
Gahcho Kué Yields 85ct. Diamond
Mountain Province Diamonds has recovered the largest stone yetfrom its Gahcho Kué mine in Canada, the company said Wednesday.The rough diamond weighs 84.65 carats and will feature inMountain Province’s upcoming sales...
Mining Jun 01, 2017 Rapaport News
Gahcho Kue processing plant
Gahcho Kué Disappoints with Low Prices
A large proportion of fluorescent diamonds and the negativeimpact of India’s liquidity crisis dampened prices at the initial sales ofrough from Canada’s new Gahcho Kué mine, Mountain Province Diamonds reported.The miner sold 522,000 carats...
Mining May 11, 2017 Rapaport News
Gahcho Kue 67.87 ct. rough diamond
Mountain Province Turns a Profit in 2016
Mountain Province Diamonds recorded a profit last year,benefiting from the Canadian dollar’s improvement against its U.S. counterpart.The miner’s net income stood at $3.6 million (CAD 4.8million) compared with a net loss of $32.4 million...
Mining Mar 30, 2017 Rapaport News
De Beers Gahcho Kue
Gahcho Kué Mine Reaches Commercial Production
The Gahcho Kué mine in Canada achieved commercial productionon Thursday, joint owners De Beers and Mountain Province Diamonds reported.This means the mine is capable of operating in the manner itsmanagement intended, the companies said in a joint...
Mining Mar 02, 2017 Rapaport News
Gahcho Kue 67.87 ct. rough diamond
Gahcho Kué Hits Big League With 68ct. Diamond
Mountain Province Diamonds recovered the largest gem-qualitystone yet from its Gahcho Kué mine in Canada.At 67.87 carats, the octahedron-shaped rough diamond wasextracted during the ramp-up of the mine, which was launched in September...
Mining Feb 07, 2017 Rapaport News
Gahcho Kue
Mountain Province Cuts Quarterly Loss
Mountain Province Diamonds narrowed its loss in the third quarter ahead of its first sale of production from the Gahcho Kué mine in Canada.The miner reported a net loss of $4 million (CAD 5.4 million) inthe three...
Mining Nov 13, 2016 Rapaport News
Gahcho Kue
De Beers Opens 54M Ct. Gahcho Kué Mine
De Beers announced the launch of its largest mine outsidesouthern Africa, as Gahcho Kué opened Tuesday, 22 years after kimberlite wasfirst discovered at the site in Canada.The mine, a joint venture between De Beers and MountainProvince Diamonds, is the...
Mining Sep 21, 2016 Rapaport News
Gahcho Kue
First Gahcho Kué Diamond Sale Slated for 4Q
Mountain Province Diamonds confirmed the first sale of roughfrom its Gahcho Kué mine is expected to be held in the fourth quarter.Initial sales will be of “pre-commercial” production, a termfor the mine’s output until it achieves 70 percent of capacity. Sales...
Mining Aug 15, 2016 Rapaport News
gahcho kue
Gahcho Kué Mine Nears First Production
Mountain Province Diamonds said it expects production at itsnew Gahcho Kué mine in Canada to start in the third quarter. The company hadpreviously only given a scheduled start date of the secondhalf of the year.The miner, a 49-percent participant...
Mining Jun 20, 2016 Rapaport News
gahcho kue
Canada’s Gahcho Kué Mine Set for 2H Production Start
Mountain Province Diamonds reported the Gahcho Kué diamondmine in Canada’s Northwest Territories is on track for first production in thesecond half of 2016, with the project now more than 87 percent complete.Mountain Province is a 49-percent participant in the...
Retail Mar 15, 2016 Rapaport News
Mountain Province
Mountain Province Says Gahcho Kué Project on Track
Mountain Province Diamonds said the development of itsGahcho Kué diamond mine in Canada is progressing according to plan and budget.The project is more than 80 percent complete and on track for first productionin the second half of 2016,...
Mining Dec 08, 2015 Rapaport News
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