North of 60 Mining News - The mining newspaper for Alaska and Canada's North

By Shane Lasley
Mining News 

Gahcho Kué diamond prices rebound

Mountain Province gets US$61 per carat from post-COVID sale North of 60 Mining News – November 6, 2020

 

Last updated 11/5/2020 at 6:46pm

Mountain Province Diamonds Inc. Gahcho Kué Mine Kue COVID-19 coronavirus

Mountain Province Diamonds Inc.

A 96-carat diamond recovered from the Gahcho Kué Mine.

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 Northwest Territories at an average price of US$61 per carat.

This marks the Mountain Province's second traditional commercial sale since before the onset of the COVID-19 pandemic.

"We are pleased with the result...



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