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Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s):  MPVDF

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

Post by whiteirishon Aug 07, 2013 11:00pm
338 Views
Post# 21655817

South Africa will follow...

South Africa will follow...If not tomorrow, or next year, but it will.   The ANC backed unions are already on track to destroy mining in SA...

Good for Canada, bad for civilization :  
 
https://www.stockhouse.com/news/natural-resources/2013/08/06/mugabe-victory-will-lead-to-foreign-mine-seizures
 
https://www.zerohedge.com/news/2013-08-07/zimbabwes-blacks-only-stock-exchange-takes-financial-innovation-and-racism-new-highs

Go KDI.  And go MPV - DeBeers may find it will like Canada and it's problems...better than SA.  

Maybe....
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