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Mountain Province Diamonds Announces Plan for Restart of Operations at Gahcho Kué Mine News provided by Share this article TORONTO and NEW YORK, Feb. 26, 2021 /PRNewswire/ - Mountain Province Diamonds Inc. ( Mountain Province , or the Company ) (TSX: MPVD) and (OTCQX: MPVD) reports that the ramp-up to resume operations at the Gahcho Kué Mine has begun. The mine suspended production related activities on February 6 after experiencing several cases of COVID-19. The ramp-up follows an essential services team crew change on February 23, which included bringing in two industrial hygienists to review and oversee work protocols and further deep cleaning. Essential services include maintaining power, water treatment, clearing roads, time critical maintenance work, water management, and receiving incoming winter road fuel and cargo shipments. The next step is to bring in the production crew later this week and to begin the build up to production over the weekend. ....
Mountain Province Diamonds Announces the Inclusion of 157 Carat Exceptional Rough Diamond in its February Sale TORONTO and NEW YORK, Feb. 16, 2021 /PRNewswire/ Mountain Province Diamonds Inc. ( Mountain Province , or the Company ) (TSX: MPVD) (OTCQX: MPVD) announces the upcoming sale of the largest gem quality diamond recovered to date from the Gahcho Kué mine, located in Canada sNorthwest Territories. The diamond is a 157.38 carat gem of exceptional quality. Named Polaris after the North Star, this diamond exhibits a rare natural blue fluorescence that echoes its Canadian Arctic origins. Reid Mackie, the Company s Vice President Diamond Marketing said, We are thrilled to offer Polaris at our upcoming February sale. It is an extraordinary stone, recovered at the end of an extraordinary year. Polaris, the North Star, is an enduring touch point of light for those navigating under northern skies. It remains a celestial constant as the earth rotates and the s ....
Mountain Province Diamonds Announces Results of First Diamond Sale of 2021 TSX and OTCQX: MPVD TORONTO and NEW YORK, Jan. 25, 2021 /PRNewswire/ Mountain Province Diamonds Inc. ( Mountain Province , or the Company ) (TSX: MPVD) (OTCQX: MPVD) is pleased to announce the results of its latest diamond sale in Antwerp, Belgium, which closed on January 22, 2021. In this sale, 241,827 carats were sold for total proceeds of $27.8 million (US$21.8 million) resulting in an average value of $115 per carat (US$90 per carat). Stuart Brown, the Company s President and CEO, commented: The first sale of the year was excellent, the growing confidence amongst rough diamond buyers translated into a healthy price improvement of 8% on a like for like basis when compared to our record high volume December sale. We expect to see a continuation of the positive trend as rough and polished markets continue to strengthen post a successful retail season. Looking ahead, our upcoming ....
Mountain Province Diamonds Announces the Results of its Fourth Quarter Diamond Sales and the Recovery of an Exceptional Diamond News provided by Share this article TORONTO and NEW YORK, Dec. 16, 2020 /PRNewswire/ - Mountain Province Diamonds Inc. ( Mountain Province , or the Company ) (TSX: MPVD) (OTCQX: MPVD) is pleased to announce the results of the fourth quarter ( Q4 ) diamond sales. Mountain Province Diamonds Announces the Results of its Fourth Quarter Diamond Sales and the Recovery of an Exceptional Diamond (CNW Group/Mountain Province Diamonds Inc.) During the quarter, 956,348 carats were sold for total proceeds of $80.2 million (US$61.7 million) resulting in an average value of $83.82 per carat (US$64.53 per carat). The Company was very encouraged that it saw continued price recovery during the quarter with most sales categories finishing above pre-COVID-19 values. The Company has now concluded its rough diamond sales for 2020. ....