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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 diamondminderon May 30, 2009 6:14pm
247 Views
Post# 16030349

De Beers releases Socio-Economic report

De Beers releases Socio-Economic report

Read the article yourself. The link is below. Questions & Comments are always welcome.

De Beers Canada Inc. has released its 2008 Snap Lake Socio-Economic Report....

"The highlights of the contents include: With an additional $295.9 million spent in 2008, the company’s total investment on Snap Lake’s construction and operations stood at $1.235 billion at the end 2008....

... $1.2 million was spent on training and capacity building initiatives for NWT residents.....

..........Books in Homes Literacy initiative, with over 17,000 books delivered to date to children in communities close to our mine......

....the opening of the Cultural Centre at Snap Lake and the beginning of a number of cultural based programmes......"

"In 2008 we finished construction and commissioning of the underground crusher and conveyor system, we commenced commercial production in first quarter, and we celebrated the official opening of the Snap Lake Mine with close to 200 special guests in July,” said Chantal Lavoie, Chief Operating Officer. "



https://diamondworld.net/contentview.aspx?item=3858
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