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

By Shane Lasley
Mining News 

Mountain Province sees up, downs in Q2

Strong diamond prices help to offset lower Gahcho Kué output North of 60 Mining News – July 15, 2022

 

Last updated 7/28/2022 at 1:44pm

A geologist loupe and yellow diamond recovered from the Gahcho Kué Mine.

Mountain Province Diamonds Inc.

The Gahcho Kué Mine in Northwest Territories produced 1.26 million carats of diamonds during the second quarter of 2022.

Strong diamond prices are helping Mountain Province Diamonds Inc. overcome higher diesel costs, a slower-than-expected post-COVID ramp up of operations, and a primary crusher bearing failure during the first quarter at the Gahcho Kué diamond mine in Northwest Territories.

During the second quarter of 2022, Gahcho Kué produced 1.26 million carats of diamonds, which is a 6% improvement over th...



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