(92) stories found containing 'mountain province diamonds'
Sorted by date Results 1 - 25 of 92
Mountain Province nets $25M from sale
Mountain Province Diamonds Inc. Jan. 25 announced that it received US$25 million (C$31.5 million) from the sale of 181,851 carats of diamonds recovered from the Gahcho Kué Mine in... — Updated 2/3/2022
Securing funding for Gahcho Kué supplies
Mountain Province Diamonds Inc. Dec. 31 provided details of a proposed US$50 million financing arrangement with Dermot Desmond, the Canadian diamond mining company's largest shareholder.... — Updated 2/3/2022
Gahcho Kué produces 6.3M carats in 2021
Mountain Province Diamonds Inc. Jan. 13 reported that the Gahcho Kué Mine in Canada's Northwest Territories produced 6.23 million carats of diamonds during 2021, just below the guidance... — Updated 1/27/2022
Signs of NWT mineral exploration revival
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... — Updated 1/26/2022 Full story
Mountain Provinces explores Kennady North
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... — Updated 1/26/2022 Full story
Gahcho Kué deals with new COVID outbreak
With a new outbreak of COVID-19 cases, the ongoing coronavirus pandemic continues to be a challenge for the Gahcho Kué diamond mine in Canada's Northwest Territories. When it comes to... — Updated 1/6/2022
Diamond output rebounds at Gahcho Kué
Mountain Province Diamonds Inc. July 13 reported an increase in diamond production at Gahcho Kué during the second quarter, putting the Northwest Territories mine on pace to reach at... — Updated 8/12/2021
COVID slows Gahcho Kué diamond output
Mountain Province Diamonds Inc. April 13 reported a drop in diamond production at Gahcho Kué due to an unplanned 22-day shutdown related to the February COVID-19 outbreak at the... — Updated 4/29/2021
COVID outbreaks at northern mine camps
Long before COVID-19 became a household name for a global pandemic, remote mining camps have needed to take precautions to ensure more common illnesses did not spread amongst the... — Updated 3/4/2021 Full story
NWT miners clear 2020 hurdles
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... — Updated 1/28/2021 Full story
Mountain Province diamond prices jump
Mountain Province Diamonds Inc. Jan. 25 reported that it received C$27.8 million (US$21.8 million) from the sale of 241,827 carats of diamonds recovered from the Gahcho Kué Mine in... — Updated 1/28/2021
Mountain Province looks forward to 2021
After enduring the multiple challenges of being a diamond miner through the COVID-19 pandemic, Mountain Province Diamonds Inc. ended 2020 strong and is positioned well for 2021. "Under... — Updated 1/14/2021
Gahcho Kué Mine adjusts to COVID-19
Mountain Province Diamonds Inc. Oct. 15 reported increased production at Gahcho Kué during the third quarter as crews at the Northwest Territories diamond mine adjust to COVID-19 protoco... — Updated 11/12/2020
Gahcho Kué diamond prices rebound
Mountain Province Diamonds Inc. Nov. 2 announced it received C$45.7 million (US$34.3 million) from the Oct. 30 sale of 559,528 carats of diamonds from the Gahcho Kué Mine in Canada's... — Updated 11/5/2020
Mountain Province diamond sales resume
Mountain Province Diamonds Inc. Sept. 21 reported that it received US$89 million from the sale of 210,661 carats of diamonds from the Gahcho Kué Mine in Northwest Territories. This... — Updated 10/8/2020
Pandemic curbs diamond mining, markets
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,... — Updated 9/26/2020
Mountain Province finds diamond buyer
Mountain Province Diamonds Inc. June 8 announced it has found a buyer of US$50 million of diamonds in a market otherwise closed to the sale of the gems due to COVID-19. Mountain Province... — Updated 9/26/2020 Full story
Kimberlite discovery at Gahcho Kué Mine
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 Ku... — Updated 9/25/2020
More valuable diamonds found at Faraday 2
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 Northw... — Updated 9/25/2020
Mine co-owner seeks diamonds next door
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 p... — Updated 9/25/2020
Seeking new kimberlites SW of Gahcho Kué
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... — Updated 9/25/2020
Gahcho Kué churns out 60.6 ct yellow gem
Mountain Province Diamonds Inc. Jan. 31 announced that a 60.59-carat, fancy vivid yellow rough diamond recovered at the Gahcho Kué Mine in Northwest Territories will be included in a... — Updated 9/25/2020
Gahcho Kué outlook: 20M carats over 3 yrs
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... — Updated 9/25/2020
Bumpy ride ahead for NWT mining
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... — Updated 8/14/2020 Full story
Near mine find shows Gahcho Kué potential
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... — Updated 8/14/2020