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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
Mountain Province
Mountain Province Holds Back Dividend
Mountain Province decided not to pay a quarterly dividend toshareholders due to challenging conditions in the diamond market, the minerreported. Demand for rough from its Gahcho Kué mine in Canada was sluggishin the third quarter...
Mining Nov 14, 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
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
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 Receives Sample Grades From Recent Kelvin Drill Program
Kennady Diamonds Inc. reported that its Kelvin 2014 summer and fall core drilling program returned a sample grade of 3.64 carats per tonne of ore at the Kelvin South lobe and 5.95 carats per...
Mining Apr 23, 2015 Jeff Miller
Kennady Diamonds Reveals Faraday Sample Grade Results
Kennady Diamonds Inc. reported that diamond recovery results from its Faraday 2014 spring drilling program at Kennady North, located in Canada's Northwest Territories, resulted in 5.10 carats per tonne of ore. Company president Patrick...
Mining Aug 06, 2014 Jeff Miller
Kennady Diamonds' Sample Grade Exceeds Expectations
Kennady Diamonds Inc. recovered approximately 3,454 kilograms of kimberlite from 21 holes drilled at the northwest lobe of the Kelvin kimberlite at the Kennady North diamond project this past summer. The kimberlite was processed at the...
Mining Dec 16, 2013 Jeff Miller
Kennady Raises $9M
Kennady Diamonds Inc. closed its non-brokered private placement of flow-through and non-flow-through common shares for gross proceeds of $9 million.The exploration company issued 247,100 flow-through common shares at a price of $5.50 per share and 1,608,621...
Mining Oct 22, 2013 Jeff Miller
Kennady Intersects 70-Meters of Kimberlite at Kelvin
Kennady Diamonds Inc. intersected more than 70 meters of kimberlite in a step-out drilling exercise performed to the northwest of its main Kelvin kimberlite. Delineation drilling, which has been taking place approximately 100 meters from Kelvin...
Mining Aug 26, 2013 Jeff Miller
Kennady Diamonds Intercepts Kimberlite
Kennady Diamonds Inc. intercepted kimberlite at its first two drill holes on the Kennady North diamond property. Drill hole KDI-13-001 was drilled approximately 100 meters to the northwest of the main Kelvin kimberlite and...
Mining Apr 03, 2013 Jeff Miller
Kennady Diamonds Reports First New Kimberlite
Kennady Diamonds Inc., a subsidiary of Mountain Province Diamonds, made its first new kimberlite discovery at the company's Kennady North diamond project. The discovery was made at a geophysical target located at Faraday Lake on trend between the previously discovered Faraday and Kelvin kimberlites. An incline hole drilled...
Mining Jul 19, 2012 Jeff Miller
Mountain Province Diamonds
Shares in Kennady Diamonds to Trade in Toronto Starting July 10
Mountain Province Diamonds Inc. announced that, subject to final approval of the TSX Venture Exchange, shares of Kennady Diamonds Inc. will commence regular trading on July 10, 2012. Mountain Province will transfer its Kennady...
Mining Jun 26, 2012 Jeff Miller
Mountain Province Diamonds
Mountain Province Shareholders Approve Kennady Diamonds Spin-Off
Shareholders in Mountain Province Diamonds voted 99.5 percent in favor of the proposed spin-off of Kennady Diamonds Inc., which is subject to final court and regulatory approvals. An application has been submitted to the TSX Venture Exchange for...
Financial-Legal Apr 26, 2012 Jeff Miller
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