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Mountain Province Diamonds Announces Sales Results, and Upside Share of Profits from the Diamond Sales Agreement with Dunebridge Worldwide Ltd

TSX and OTCQX: MPVD Mountain Province Diamonds Inc. today announces the results of its second quarter diamond sales and the Company's upside share of profits from the Diamond Sales Agreement with Dunebridge dated June 11, 2020 . All figures are expressed in Canadian dollars unless otherwise noted The Company is pleased to report the completion of its sales for the quarter, with 718,549 carats sold for total proceeds ...
United States Matthew Macphail Stuart Brown Tome Mccandless Gahcho Ku National Instrument

Three babies born at Watford General Hospital

Watford General hospital 10.75lbs Rhiannon Emma Elise Parsons Bailey & Andrew Roy Obrien Where do you, the parents, live? (area/town) Mother Watford & Father South London Siblings full names Where were you, the parents, born? Mother Watford & Father South London Tell us your birth story On April 8, one day before being two weeks over my due date of March 26, I went into hospital for a balloon induction. Unfortunately I wasnt able to have the induction due to my water leaking and was kept in ove...
United Kingdom Kings Langley Lottie Mae Halford Taylor Halford Chloe Wolstenholme Rhiannon Parsons Bailey

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Diamonds.net - Mountain Province Borrows $33M After Mine Shuts

Mountain Province Borrows $33M After Mine Shuts RAPAPORT... Mountain Province has taken out an additional $33 million loan from its largest investor to cover the loss of income caused by the cancellation of its May diamond tender. The miner will receive the short-term loan on top of its existing $25 million revolving-credit facility from Dunebridge Worldwide, whose owner is a 32% shareholder in the company, Mountain Province said Wednesday. Mountain Province plans to use the money to run the G...
Rapaport United States Inc Rapaport United States Diamonds Net Covid 19 Dunebridge Worldwide Ahcho Kué Mine

$33m Loan helps Mountain Province through Covid Liquidity Issues

$33m Loan helps Mountain Province through Covid Liquidity Issues May 13, 21 by (IDEX Online) - Mountain Province Diamonds has arranged a short-term $33m loan with Irish billionaire Dermot Desmond, to ease its "near term liquidity needs". The Canadian miner has struggled with the three-week Covid-enforced closure of its Gahcho Kue mine ( pictured), which in turn forced it to cancel its May diamond sale in Antwerp. That, combined with the high costs of maintaining its winter access road, left ...
Dermot Desmond Stuart Brown Desmond Dunebridge Worldwide Ltd Mountain Province Covid Liquidity Province Diamonds

Mountain Province Diamonds Announces First Quarter Financial Results and Guidance for 2021

Mountain Province Diamonds Announces First Quarter Financial Results and Guidance for 2021 TSX and OTCQX: MPVD Mountain Province Diamonds Inc.   today announces financial results for the first quarter ended March 31, 2021 from the Gahcho Kué Diamond Mine . All figures are expressed in Canadian dollars unless otherwise noted. Additionally, the Company is providing production and cost guidance for 2021. Financial Highlights for First Quarter 2021 603,000 carats sold, with total proceeds of $54....
United States Matthew Macphail Stuart Brown Tome Mccandless Gahcho Ku National Instrument

Mountain Province taps Dunebridge for $33M loan - Canadian Mining Journal

Mountain Province taps Dunebridge for US$33M loan May 13, 2021 Regions The crusher at Gahcho Kué. Credit: Mountain Province Diamonds Citing “serious financial difficulty,” Mountain Province Diamonds (TSX: MPVD) has again tapped its largest shareholder for a loan, this time adding a US$33-million term loan facility to its existing US$25-million revolving credit facility with Dunebridge Worldwide. Mountain Province owns a 49% interest in the Gahcho Kué mine in t...
Northwest Territories Dermot Desmond Stuart Brown Gahcho Ku De Beers Mountain Province

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