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Gahcho Kue
Mountain Province Sees Drop in Quarterly Sales
Mountain Province’s revenue fell 14% year on year to CAD 47.3 million ($36.1 million) in the third quarter
News Nov 05, 2020 Rapaport News
Mountain Province
Rough Demand Jumps at Mountain Province Sale
Mountain Province recorded its largest open-market sale to date as rough-diamond demand returned ahead of the holiday season.
News Nov 03, 2020 Rapaport News
MP Gahacho Kue 150
Mountain Province Output Thrives in Third Quarter
Production at Gahcho Kué rose in the third quarter as Mountain Province mined from a higher-grade portion of the deposit.Ore
News Oct 19, 2020 Rapaport News
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Mountain Province Gets Approval for Investor Bailout
Mountain Province shareholders have approved a refinancing deal that will allow one of its major investors to buy
News Oct 01, 2020 Rapaport News
Rough sales 150
Rough Sales Pick Up as Market Begins Rebound
Miners have seen “encouraging” signs of recovery in the diamond market as they resume rough sales following an extended
News Sep 22, 2020 Rapaport News
Mountain Province big truck 150
Mountain Province to Up Investor Sales Agreement
Mountain Province plans to sell an additional $50 million worth of rough diamonds from its Gahcho Kué mine
News Aug 19, 2020 Rapaport News
Mountain Province Gahcho Kue 150
Mountain Province in the Red as Demand Slows
Mountain Province reported a loss in the second quarter as the coronavirus pandemic closed markets and hit demand.The
News Aug 09, 2020 Rapaport News
Mountain Province
Mountain Province Projects 3Q Improvement
Mountain Province anticipates the market for rough diamonds will start to improve toward the end of the
News Jul 20, 2020 Rapaport News
Mountain Province
Lenders Grant Waiver to Mountain Province
Mountain Province has obtained a waiver for its revolving-loan agreement as it struggles with challenges in the diamond market
News Jul 14, 2020 Rapaport News
Mountain Province ghacho kue 150
Mountain Province Cuts 2020 Production Forecast
Mountain Province has reduced its production outlook for the year amid the challenges posed by the
News Jun 21, 2020 Rapaport News
Gahcho Kué
Mountain Province Investor to Buy $50M in Rough
Mountain Province plans to sell $50 million worth of rough diamonds to an entity owned by one of its major shareholders,
News Jun 09, 2020 Rapaport News
Mountain Province
Strong US Dollar Pushes Mountain Province to Loss
Mountain Province reported a loss in the first quarter as the stronger US dollar led to an increase in the miner’s debts.The
News May 07, 2020 Rapaport News
Miners
Heavy Debt Looms over Mining Shutdown
A number of diamond-mining companies that have halted production during the COVID-19 crisis will find it difficult to resume
News Apr 23, 2020 Leah Meirovich
De Beers Production
De Beers Makes Dramatic Cut to Production Plan
De Beers has reduced its full-year production guidance by 7 million carats, putting the miner on course for its
News Apr 23, 2020 Rapaport News
Mountain Province
Mountain Province Revenue Improves in 1Q
Sales of rough from Mountain Province’s Gahcho Kué mine grew 2.4% to 659,318 carats in the first quarter,
News Apr 22, 2020 Rapaport News
Mountain Province
Mountain Province Loss Widens Amid Weak Pricing
Mountain Province’s losses intensified in 2019 as weaker anticipated diamond prices led to the devaluation of its Gahcho Kué
News Mar 24, 2020 Rapaport News
Miners coronavirus
Production Continues as Miners Fight Virus Impact
Alrosa, Petra Diamonds and Lucara Diamond Corp. are among the companies putting special procedures in place
News Mar 19, 2020 Leah Meirovich
Mountain Province
Mountain Province Weighs Virus Effects
Mountain Province has delayed its year-end results by a week due to the effects of the coronavirus, the Canadian
News Mar 16, 2020 Rapaport News
Dominion
Dominion Appoints Interim CEO
Dominion Diamond Mines has named Patrick Merrin as its interim CEO, replacing Shane Durgin, who has
News Feb 11, 2020 Rapaport News
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Mountain Province to Exit Nasdaq
Mountain Province has decided to delist itself from the Nasdaq stock exchange following six months in which
News Feb 02, 2020 Rapaport News
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