Mountain Province Diamonds today announced an increase to its previously announced non-brokered private placement of common shares. Due to strong support from existing shareholders, the private placement has been increased from C$25M to C$29.1M. Additional proceeds under the private placement will be used to support the Company's share of initial capital expenditures at the Gahcho Kué project, the 2014 Tuzo Deep drill [...]
Mountain Province Diamonds today announced that the Company is undertaking a non-brokered private placement to raise approximately C$25 million through the placement of common shares at a price of C$5 per share. The Company's major shareholder, Bottin (International) Investments Ltd. (controlled by Dermot Desmond), has advised that they will be subscribing for common shares under the private placement. The proceeds of the [...]
De Beers Canada and Mountain Province Diamonds are pleased to announce that the Minister of Aboriginal Affairs and Northern Development Canada, the Hon. Bernard Valcourt, has today approved the development of the Gahcho Kué diamond mine as recommended by the Mackenzie Valley Environmental Impact Review Board. Tony Guthrie, Chief Executive Officer for De Beers Canada, commented: "The Minister's approval confirms that the plans for the development and operation of the Gahcho Kué diamond mine meet the highest standards. The new diamond mine will benefit the economy and residents of the Northwest Territor... [...]
Mountain Province Diamonds today announced that a National Instrument (NI) 43-101 Technical Report on the Gahcho Kué project has been filed on SEDAR and EDGAR and is also available on the Company's website. The updated NI 43-101 resource estimate was prepared by Mineral Services Canada Inc. ("Mineral Services") and the results ...
De Beers Canada and Mountain Province Diamonds are pleased to announce that the Mackenzie Valley Environmental Impact Review Board has concluded the Gahcho Kué Environmental Impact Review and has recommended approval of the proposed Gahcho Kué diamond mine subject to measures and follow-up programs. In a July 19, 2013 letter to the Minister of Aboriginal Affairs and Northern Development Canada, the Honourable Bernard Valcourt, the MVEIRB stated: "The Gahcho Kué Panel recommends, pursuant to sub-section 1... [...]
YELLOWKNIFE, NT, TORONTO, ON, NEW YORK, NY, July 10, 2013 /CNW/ - De Beers and Mountain Province Diamonds (TSX: MPV, NYSE MKT: MDM) are pleased to announce that De Beers, as Operator of the Gahcho Kué Project, has entered into an Impact Benefit Agreement with the North Slave Métis Alliance for the proposed Gahcho Kué Mine. The agreement sets in place a framework for De Beers and the North Slave [...]
Indicated Resource Increases 12% from 50.5 million carats to 56.6 million caratsInferred Resource Increases 80% from 10.3 million carats to 18.5 million carats Shares Issued and Outstanding: 94,168,151TSX: MPVNYSE MKT: MDMTORONTO AND NEW YORK, July 2, 2013 /CNW/ - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPV, NYSE MKT: MDM) today announced the results of an updated independent mineral [...]
YELLOWKNIFE, TORONTO and NEW YORK, June 28, 2013 /CNW/ - De Beers and Mountain Province Diamonds (TSX: MPV, NYSE MKT: MDM) are pleased to announce that De Beers as Operator of the Gahcho Kué Project today entered into a Socio Economic Agreement (SEA) with the Government of the Northwest Territories for the proposed Gahcho Kué diamond mine located in Canada's Northwest Territories (NWT).The agreement formalizes [...]
Shares Issued and Outstanding: 94,168,151 TSX: MPV NYSE MKT: MDM TORONTO AND NEW YORK, June 12, 2013 /CNW/ - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPV, NYSE MKT: MDM) is pleased to announce that the nominees listed in the management proxy circular for the 2013 Annual and Special Meeting of Shareholders ("Annual Meeting") were elected as directors of the Company. Detailed results of the [...]
Exploration drilling commencesIce road deliveries to Gahcho Kué completedMineral Services retained to complete new Tuzo resource statementShares Issued and Outstanding: 94,168,151TSX: MPVNYSE MKT: MDMTORONTO AND NEW YORK, April 5, 2013 /CNW/ - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPV, NYSE MKT: MDM) is pleased to announce that drilling of the new exploration targets at the Gahcho [...]
Shares Issued and Outstanding: 94,168,151TSX: MPVNYSE MKT: MDMTORONTO AND NEW YORK, March 13, 2013 /CNW/ - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPV, NYSE MKT: MDM) is pleased to announce the appointment of Bruce Dresner to the Company's board of directors.Mr. Dresner has had a distinguished career as an investment professional, including Director of Investments and Chief Investment [...]
Ice road reaches Gahcho Kué: deliveries commencePermitting of first diamond mine progressingTuzo Deep Resource Statement due Q2 20132013 ground geophysics completedGeotechnical drilling underwayExploration drilling to commence in AprilShares Issued and Outstanding: 94,168,151TSX: MPVNYSE MKT: MDMTORONTO & NEW YORK, March 12, 2013 /CNW/ - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPV [...]