Mountain Province Unearths Largest Gahcho Kué Diamond To Date: 85 Carats

Mining and Exploration
01/06/2017 15:00

Mountain Province Diamonds, a 49% participant with De Beers Canada in the Gahcho Kué diamond mine located in Canada’s Northwest Territories, has unearthed the largest stone thus far produced by the mine: an 84.65 carat gem quality diamond. It also announced the recovery of a 53.90 carat gem quality diamond. The joint venture partners bid for the production of fancy coloured and special (+10.8 carat) diamonds on almost a monthly basis. The bid for April 2017 production of fancies and specials was won by Mountain Province and included the two exceptional diamonds, which will be included in the company’s upcoming sales through Bonas, its broker in Antwerp, Belgium.

Mountain Province President and CEO Patrick Evans commented: “The 84.65 carat diamond is the largest gem quality diamond recovered to date and provides further confirmation that Gahcho Kué hosts a population of large, high quality gem diamonds. The 53.90 carat diamond is the highest quality exceptional stone recovered to date and is expected to achieve a record price at tender.” Last February, Mountain Province recovered a 67.87 carat gem quality octahedron diamond (pictured) during production ramp-up at the diamond mine. At the time it was the largest gem quality diamond recovered at Gahcho Kué,