Diamond News

April 24, 18 by Albert Robinson image (IDEX Online) – Mountain Province Diamonds Inc. said that approximately 1,641,000 carats were recovered in the first quarter ended March 31 on a 100% basis from the Gahcho Kué diamond mine for an average grade of approximately 2.09 carats per tonne. This was 89% and 18% higher, respectively than what was achieved during the same period last year. Said David Whittle, the company’s Interim President and Chief Executive Officer, “We have had a solid start to the year in 2018 and these production results keep us on track to achieve our full-year 2018 production guidance of 6.3 to 6.6 million carats recovered on a 100% basis. “The grades continue to perform well at the GK Mine and are a key driver of the production results. The plant also continues to achieve higher throughput than originally anticipated, having achieved and broken daily throughput records in a given 24-hour period during the first quarter of 2018. The winter road program was safely and successfully completed, capping off a great first full year of commercial production at the GK Mine.”
Mountain Province Diamonds is a 49% participant with De Beers Canada in the Gahcho Kué diamond mine located in Canada’s Northwest Territories.   ...

Read more from our friends at IDEX

Pin It

Diamond Buyers Club

twitter facebook 

Follow us on Twitter and Facebook

Contact Us

Houston, TX USA