Mountain Province Diamonds Inc MPVDF

Primary Symbol: T.MPVD

Metals & Mining Industrial Metals & Minerals

Mountain Province Diamonds Inc. is a Canada-based diamond company. The Company’s primary asset is its 49% interest in the Gahcho Kue Mine, a Joint Venture with De Beers Canada. The Gahcho Kue Joint Venture property consists of several kimberlites that are actively being mined, developed, and explored for future development. The Company’s Kennady North Project includes approximately 113,000 hectares of claims and leases surrounding the Gahcho Kue Mine that include an indicated mineral resource for the Kelvin kimberlite and inferred mineral resources for the Faraday kimberlites. Kelvin is estimated to contain 13.62 million carats (Mct) at 8.50 million tons (Mt) at a grade of 1.60 carats/ton and a value of US$63/carat. Faraday 2 is estimated to contain 5.45Mct in 2.07Mt at a grade of 2.63 carats/ton and a value of US$140/ct. Faraday 1-3 is estimated to contain 1.90Mct to 1.87Mt at a grade of 1.04 carats/ton and a value of US$75/carat.

TSX:MPVD - Post by User

Mountain Province Diamonds Inc > from stockwatch

<< Previous

Bullboard Posts

Next >>

Post by barrybon Jul 28, 2023 9:34am

225 Views

Post# 35561271

from stockwatch

2023-07-27 17:51 ET - Market Summary

by Will Purcell

Dermot Desmond and Mark Wall's Mountain Province Diamonds Inc. (MPVD) added one cent to 46.5 cents on 339,000 shares -- huddling on a perch not far removed from the company's all-time, COVID-ridden low of 25 cents in the dark days of 2020. The company can sell as much rough as it can mine these days, but sagging prices have investors worried. How worried they should be, will be revealed in two weeks with formal release of the second quarter report. Expect a solid quarter, reduced revenue expectations and words of good cheer for the future.

<< Previous

Bullboard Posts

Next >>

Gold begins to flow at Endeavour's Lafigué mine in Côte d'Ivoire