By A.J. Roan
Mining News
Soft diamond market impacts Gahcho Kué
North of 60 Mining News - April 5, 2024
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Last updated 4/4/2024 at 12:48pm
Mountain Province saw a steep decline in diamond prices for Q4 2023, an average price of C$87 (US$64) per carat compared to the C$127 (US$94) per carat in 2022.
Gahcho Kué Mine production matched 2022 numbers, but a steep diamond price decline made 2023 more challenging for Mountain Province.
Mountain Province Diamonds Inc. April 1 announced the financial and operating results of 2023 as well as its performance results from the fourth quarter at its Gahcho Kué Mine in Canada's Northwest Territories, ultimately seeing a downturn from its record 2022 due to...
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