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

By Shane Lasley
Mining News 

Mountain Province nets $25M from sale

Gahcho Kué diamonds fetch $137/carat during first 2022 sale North of 60 Mining News – January 28, 2022

 

Last updated 2/3/2022 at 2:46pm

Gahcho Kue Mountain Province Diamonds De Beers first 2022 sale carats COVID

Mountain Province Diamonds Inc.

Mountain Province received US$25 million from 181,851 carats of Gahcho Kué diamonds during the first sale of 2022.

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 Northwest Territories.

The US$137 (C$173) per carat average value for the diamonds in the Jan. 21 sale in Antwerp, Belgium, is 84% higher than the average price of US$75 million (C$94) per carat that Mountain Provinc...



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