Advanced Search

Gahcho Kué Hits Big League With 68ct. Diamond

Feb 7, 2017 3:00 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... Mountain Province Diamonds recovered the largest gem-quality stone yet from its Gahcho Kué mine in Canada.

At 67.87 carats, the octahedron-shaped rough diamond was extracted during the ramp-up of the mine, which was launched in September last year.

“The presence of large gem-quality diamonds at Gahcho Kué was established during the bulk sampling when a 25.13-carat octahedron was recovered. The recovery of a 67.87-carat, gem-quality diamond during production ramp-up is very encouraging,” said Patrick Evans, chief executive officer of Mountain Province.

The mine is on track to achieve commercial production, meaning 70 percent of capacity, during the first quarter, Evans added. The company’s second sale of diamonds from initial output will take place in Antwerp from February 20 to March 1.

Mountain Province, which has a 49 percent stake in the mine, is a co-owner along with De Beers.
Tags: Canada, De Beers, Gahcho Kué, large diamonds, mountain province, Mountain Province Diamonds, Patrick Evans, Rapaport News, Rough Diamonds
Similar Articles
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2022 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.