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Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s):  MPVDF

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
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Post by diamondminderon Jun 19, 2008 6:39am
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Post# 15202499

From the Canadian Press

From the Canadian Press

De Beers Canada president and CEO Jim Gowans elected chair of Mining Association of Canada

De Beers Canada president and CEO Jim Gowans elected chair of Mining Association of Canada

VANCOUVER — Jim Gowans, president and chief executive of diamond miner De Beers Canada Inc., has been elected chairman of the Mining Association of Canada.

The Ottawa-based mine industry lobby said Wednesday that Gowans replaces Peter Jones, past president and CEO of Winnipeg-based zinc miner HudBay Minerals Inc. (TSX:HBM), who has completed his two-year term.

Gowans has had more than 30 years of mine management experience and worked for companies such as PT Inco Indonesia, Placer Dome, and Teck Cominco (TSX:TCK.B) before joining the De Beers group. At De Beers Canada, Gowans is leading the company towards full production and the exploration of new diamond deposits in northern Canada.

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