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Bullboard - Stock Discussion Forum 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... see more

TSX:MPVD - Post Discussion

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Post by claymore55 on Sep 28, 2023 9:03pm

LAB GROWN

Seeing how lab grown diamonds will be dominant in the diamond industry some time in the future, shouldn't MPVD start trasitioning into the lab grown business?  After all. DeBeers has done it via BOXLIGHT. Any thoughts?
Comment by mwormser on Oct 02, 2023 2:09pm
I think that's a great idea.   Wonder how much it would cost to set up a lab grown diamond business?  martin
Comment by claymore55 on Oct 02, 2023 9:17pm
That's a hard one to answer. I have seen figures of a million$ to over a $100 million.  DeBeers spent $94 million on starting up their Light box operation. I guess it depends on the size of the operation and the quality of diamonds to be produced in the lab.
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