Gahcho Kue Sells 157-carat Polaris, its Biggest Ever Diamond

By John Jeffay / February 17, 2021 / www.idexonline.com / Article Link

(IDEX Online) - The Gahcho Kue mine, in Canada, has yielded its largest diamond since operations began there more than four years ago.The 157.38 carat gem, described as being of "of exceptional quality", will be sold later this month at a tender of special-size stones in Antwerp.Canadian miner Mountain Province has named the gem Polaris after the North Star, because of its rare natural blue fluorescence.The miner said it was a major morale boost after a year in which the industry had faced immense challenges.Gahcho Kue, a joint venture between Mountain Province and De Beers Canada on the edge of the Arctic Circle, is currently not operating because of a Covid outbreak.Polaris (pictured) is being offered for sale by the Bonas Group, with viewings from February 22 and bids closing on March 5.Reid Mackie, Mountain Province'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."

Recent News

A shift to the later stages of gold and silver bull markets

October 27, 2025 / www.canadianminingreport.com

Gold stocks plunge on metal drop

October 27, 2025 / www.canadianminingreport.com

Gold stocks still up after pullback late in the week

October 20, 2025 / www.canadianminingreport.com

US regional bank slump goes global, driving market into gold

October 20, 2025 / www.canadianminingreport.com

Gold stocks weaker but outperform slump in other sectors

October 13, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok