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

By Shane Lasley
Mining News 

Mountain Province diamond prices jump

Gems sold by Gahcho Kué mine co-owner fetch C$115/carat North of 60 Mining News – January 29, 2021

 

Last updated 1/28/2021 at 2:43pm

157 carat Polaris diamond DeBeers Mountain Province Gahcho Kué NWT

Mountain Province Diamonds Inc.

This exceptional 157.4 carat gem quality diamond recovered from the Gahcho Kué diamond in Northwest Territories lifted the morale of the Mountain Province team going into 2021.

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 Northwest Territories.

The C$115 (US$90) per carat average value for the diamonds in the Jan. 22 sale in Antwerp, Belgium was 69% higher than the average price of C$68 per carat (US$51 per carat) that Mountain Provi...



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