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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
Bullboard Posts
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(2)
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Post by explorer49on Jun 26, 2017 8:21am
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Post# 26403968

National Bank - $65 million for additioanl waste!

National Bank - $65 million for additioanl waste!National Bank report this morning: "Additional capital requirement with respect to updated mine plan built into our cash flow estimates. Note that the cash flow summary shown in Figure 4 includes US$19 mln (MPVD share of US$9.3 mln) capital related to long-term winterization solutions as well as NBF estimate of ~$65 mln (MPVD share of ~$32 mln) capital for additional waste removal as part of the updated mine plan, which is expected in Q3/17 and at which time we will further refine our estimates." WTF! Company hasn't said anything about this!
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities