Mountain Province finds 95-carat diamond in Canada's far north

By Cecilia Jamasmie / May 30, 2018 / www.mining.com / Article Link

Mountain Province Diamonds (TSX, NASDAQ: MPVD) said Wednesday it had found a 95-carat gem diamond at its Gahcho Ku?(C) mine located in Canada's Northwest Territories.

It's the largest gem quality diamond and the fourth biggest recovered from Gahcho Ku?(C) since production began just under two years ago.

The white octahedron of "top clarity" is the largest gem quality diamond and fourth largest stone ever recovered from the mine, the company said.

Gahcho Ku?(C), Canada's newest diamond mine and the world's largest in the last 14 years, is a joint venture between De Beers and Mountain Province Diamonds (TSX:MPVD). It officially opened in September 2016, achieving commercial production last year.

The diamond was included in the fancies and specials parcel acquired by Mountain Province in the most recent Gahcho Ku?(C) production split.

It will be shown at the miner's upcoming rough diamond tender with viewings to be held from June 11 through 22 in Antwerp, Belgium.

Gahcho Ku?(C), co-owned by Mountain Province Diamonds and De Beers Canada, is located at Kennady Lake, about 280 km northeast of Yellowknife. (Image courtesy of De Beers Canada.)

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