Mountain Province buys Kennady Diamonds
North of 60 Mining News – April 20, 2018
Last updated 9/24/2020 at 7:32pm
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 advancing diamond project about seven kilometers (4.5 miles) northeast of Gahcho Kué – a mine owned by Mountain Province (49 percent) and De Beers Canada (51 percent).
Since being spun out of Mountain Prov...