De Beers pleads guilty to failing to report mercury monitoring results at Victor mine
Victor mine was Ontario’s first and only diamond mine and the second De Beers mine in Canada. (Image courtesy of De Beers)
In a resolution to a years-long dispute, De Beers Canada has plead guilty to one count of failing to report annual mercury monitoring results for the G2 station at Victor mine in 2014 as required under the mine’s Certificate of Approval.
De Beers was not charged with failing to take samples, monitoring or for polluting the environment.
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Mountain Province Diamonds Announces US$33.0 million Term Loan
TSX and OTCQX: MPVD Mountain Province Diamonds Inc. today announces that it has amended and restated its credit agreement with Dunebridge Worldwide Ltd. as lender, adding a US$33.0 million term loan facility to its existing US$25.0 million revolving credit facility . The Term Facility bears interest at a fixed rate of 10.0% per annum, payable monthly. In addition, a flat 5.0% fee is payable on each advance made … TSX and OTCQX: MPVD
Mountain Province Diamonds Inc. (“Mountain Province” or the “Company”) (TSX: MPVD) (OTCQX: MPVD) today announces that it has amended and restated its credit agreement (the ” Transaction “) with Dunebridge Worldwide Ltd. (” Dunebridge “), as lender, adding a US$33.0 million term loan facility (the ” Term Facility “) to its existing US$25.0 million revolving credit facility (the ” Revolving Facility “).
/PRNewswire/ - Mountain Province Diamonds Inc. ("Mountain Province" or the "Company") (TSX: MPVD) (OTCQX: MPVD) today announces that it has amended and.
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).
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