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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

Comment by Macloud1on Sep 25, 2017 8:31am
143 Views
Post# 26736647

RE:RE:Indian billionaire Agarwal Anglo American’s top shareholder

RE:RE:Indian billionaire Agarwal Anglo American’s top shareholder
Looks nlike Agarwal and DD are on the same agenda for different companies however both in the Diamond sector. Maybe they see something the rest of us are seeing. Since Agarwal controls the diamond cutting and polishing industry in India and with the recent demonitization , I think they both see an opportunity in getting a solid footing before the diamond prices start escalating again. There is definately something going on in Both Anglo and in MPVD. It should unravel soon.
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