Mountain Province Diamonds Inc T.MPVD

BHP may acquire Anglo American

[steavie]

Any thoughts on the implications for MPVD if De Beers gets sold off as part of the proposed BHP acquision of Anglo American?

[mwormser]

Certainly an interesting situation. If BHP buys out Anglo what will happen to Debeers and MPV?

[Diamondboy123]

Martin you think this thing gonna bust open?

[arlekino]

If BHP buys Anglo , Be Beers will become BHP and BHP will want to be owners of 100 percent The Gahcho Ku Mine. BHP are not strangers to NWT had been owners of EKATI for a long time. Interesting developments after all... Perhaps answer for our lovely stock game . Bigger fish eating smaller... 

[explman]

Not going to happen. BHP sold Ekati, are focussed on much MUCH bigger fish and have zero interest in diamonds. Pay attention to the sector please.

[mwormser]

They did own Ekati.  Sold it in 2023 to Burgandy Diamond Mines . 

[arlekino]

CEO Mike Henry is usually few steps ahead, and not only copper may influence his interest in Anglo and get dominance by owning De Beers and in current peculiar global  diamond market , potential of growth in diamond prices due to Alrosa sanctions . Time will tell... It would be good time to consolidate ownership of Gahcho Kue diamond mine for a fractional cost buying  49 percent

[explman]

Dennis Washington and Dermott Desmond should start a new exclusive club, rich guys who blew their financial brains out on diamond mines! Cost to join, north of $250M.....

[explman]

Again, if you are going to invest in this sector, please educate yourself. Otherwise, go buy lottery tickets. BHP sold Ekati to Dominion Diamonds in 2013. Dominion sold it to creditors (basically Dennis Washington) in 2021. In 2023 Burgandy bought it off Washington after he had his head handed to him. For those of you who think BHP has ANY interest in diamonds, stop inmvesting in the mining