The mining newspaper for Alaska and Canada's North

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

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 the firs...

 

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