Mountain Province Diamonds Inc. March 23 reported that strong diamond prices during 2022 resulted in the company's highest-ever annual revenue from the Gahcho Kué Mine in Canada's Northwest... — Updated 3/23/2023

In its effort to identify and delineate diamond-rich kimberlites that will extend the life of Gahcho Kué Mine in Northwest Territories beyond 2030, Mountain Province Diamonds Inc. is involved with... — Updated 1/18/2023

Mining activity in Northwest Territories held steady in 2022 despite constraints imposed by the ongoing COVID-19 pandemic as a cadre of mainly junior mining companies took up the international... — Updated 1/17/2023 Full story

Mineral exploration activity in Northwest Territories showed signs of revival in 2021, coming on the heels of the slowest year in recent memory. Excited by renewed interest in gold deposits in and... — Updated 1/26/2022 Full story

Mountain Province Diamonds Inc. has two active exploration programs focused on discovering new diamond-rich kimberlites to extend the life of Gahcho Kué, a diamond mine in Northwest Territories... — Updated 1/26/2022 Full story

For many mining companies eyeing prospects in Canada's far north, 2020 presented insurmountable challenges. But for the few explorers and producers focused on Northwest Territories, the year proved... — Updated 1/28/2021 Full story

Explorers seeking new mineral discoveries in the Northwest Territories are expected to spend less in 2018 than the C$90 million they shelled out collectively last year. Natural Resources Canada... — Updated 10/28/2020 Full story

Though world diamond markets remain closed after their shutdown this spring in response to the COVID-19 pandemic, diamond mining in Canada's North is showing signs of life. One mine, Ekati, shut... — Updated 9/26/2020

Mountain Province Diamonds Inc. July 11 announced the discovery of a new kimberlite roughly 200 meters east of the planned open pit mining area for the Tuzo kimberlite on the Gahcho Kué Mine... — Updated 9/25/2020

Mountain Province Diamonds Inc. April 11 reported an increase in the tonnage and grade of the diamond resource at the Faraday 2 kimberlite on the company's Kennady North project in Northwest Territo... — Updated 9/25/2020

The quest for diamonds at the Kennady North project next door to the Gahcho Kué Mine in Northwest Territories got a boost on Feb. 27 when owner Mountain Province Diamonds Inc. reported plans to begi... — Updated 9/25/2020

Mountain Province Diamonds Inc. Feb. 27 announced that it has begun a winter exploration program targeting new kimberlite prospects at Kennady North, a diamond property that borders the Gahcho Ku... — Updated 9/25/2020

Mountain Province Diamonds Inc. Nov. 27 forecast that the Gahcho Kué Mine in Northwest Territories will produce between 6.6 million and 6.9 million carats of diamonds in 2019 and the company... — Updated 9/25/2020

Northwest Territories may fall behind Canada's two other territories in mining activity in the near-future, but projects underway in the northern jurisdiction hold substantial promise for mid- to... — Updated 9/25/2020

Mining is expected to fuel strong economic growth in Nunavut and Yukon in the coming years, according to The Conference Board of Canada's latest Territorial Outlook. "With many new mining projects... — Updated 9/25/2020

Mountain Province Diamonds Inc. April 13 completed its acquisition of Kennady Diamonds Inc. in an all-share deal worth roughly C$176 million. Kennady Diamonds owns Kennady North, a rapidly... — Updated 9/24/2020

Kennady Diamonds Inc. Feb. 5 announced that crews have mobilized for a roughly 10,500-meter winter drill program at its Kennady North diamond project in Northwest Territories. Around 60 percent of... — Updated 9/24/2020

Mountain Province Diamonds Inc. Jan. 29 announced a definitive agreement to acquire Kennady Diamonds Inc. under a friendly all-share deal worth roughly C$176 million. Kennady Diamonds owns Kennady N... — Updated 9/24/2020

While mining activity remained strong in the Northwest Territories in 2019, industry and government officials alike worried that the robust sector, driven largely by production at three diamond... — Updated 8/14/2020 Full story

Since achieving commercial production at the Gahcho Kué Mine in 2017, Mountain Province Diamonds Inc. has resumed exploring for more diamonds across the wider property and Kennedy North, an... — Updated 8/14/2020

The Washington Companies, a group of privately held North American mining, industrial and transportation businesses founded by industrialist and entrepreneur Dennis Washington, acquired Dominion... — Updated 11/23/2018 Full story

Dominion Diamond Corp. Nov. 1 announced that it has closed the deal to sell all of its outstanding shares to The Washington Companies for US$14.25 per share, worth roughly US$1.2 billion. Founded by... — Updated 1/25/2018 Full story

With the opening of Gahcho Kué, Northwest Territories is reaping the rewards of past exploration spending across the vast diamond-rich expanse of northern Canada. In fact, the new diamond mine is... — Updated 1/24/2018 Full story

Kennady Diamonds Inc. is a Toronto-based explorer focused on Kennady North, a rapidly advancing diamond project located about seven kilometers (4.5 miles) northeast of Gahcho Kué - a mine owned by... — Updated 1/24/2018