Mountain Province Diamonds Inc : Mountain Province Diamonds Completes 2022 Kennady North Exploration Program and Discovers New Kimberlite East of the Kelvin Kimberlite finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
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 February sale will
157.4-carat diamond found
NWT
In mid December, Mountain Province Diamonds announced the recovery and successful bid for the largest gem quality diamond ever extracted from their Gahcho Kué mine in the Northwest Territories.
It is a 157.4‐carat diamond and will be offered for sale in the first quarter of 2021.
Located at Kennady Lake, approximately 280 km northeast of Yellowknife and 80 km southeast of De Beers’ Snap Lake Mine, the Gahcho Kué Mine is a joint venture between De Beers Canada Inc. (51 per cent) and Mountain Province Diamonds Inc.(49 per cent).
TAGS