Mountain Province Diamonds Inc. announces that it has executed a non-binding term sheet with certain holders of its 8.000% Senior Secured Second Lien Notes due 2022, including entities ultimately beneficially owned by the Company's largest beneficial shareholder, Mr. Dermot Desmond, for a partial refinancing of the Existing Notes. The term sheet [...]
Mountain Province Diamonds Inc. today announces that it has set a date for a special meeting of shareholders of December 1, 2022. The record date for shareholders entitled to receive notice and vote at the Meeting has been set as October 28, 2022. The Company continues to engage with certain major existing bondholders on the potential issuance of a [...]
Mountain Province Diamonds Inc. is pleased to provide the details of its Q3 2022 earnings release and conference call. Earnings Release and Conference Call Details The Company will host its quarterly conference call on Wednesday November 9th, 2022 at 11:00am EST. Prior to the conference call, the Company will release Q3 2022 financial results on [...]
Mountain Province Diamonds Inc. is saddened to announce a fatal incident at the Gahcho Kué Mine. We are deeply saddened to confirm that an employee from a contractor partner company succumbed to injuries sustained in an incident at Gahcho Kué Mine on Thursday, 1 September. The circumstances around what happened are under investigation by the [...]
Mountain Province Diamonds Inc. announces the upcoming sale of an exceptional, coloured large rough diamond recovered from the Gahcho Kué mine, located in Canada's Northwest Territories. The diamond, a 151.60 carat octahedron of exceptional clarity will be offered for sale alongside a selection of more than 90 individual special rough diamonds [...]
Mountain Province Diamonds Inc. today its financial and operating results for the second quarter and first half 2021 ended June 30, 2022. All figures are expressed in Canadian dollars unless otherwise noted. Second Quarter 2022 Key Takeaways Record Quarterly Adjusted EBITDA of C$55.1M Revenue of $97.8M representing the second highest quarterly [...]
Mountain Province Diamonds Inc. is pleased to announce the successful completion of its first analyst site tour since 2019, taking place on Wednesday July 20th. The Company also wishes to announce that it has entered into separate, privately negotiated transactions with certain holders of its outstanding 8.000% Senior Secured Second Lien Notes due [...]
Mountain Province Diamonds Inc. is pleased to provide interim drilling results for the Hearne Northwest Extension at Gahcho Kué Mine. The Hearne kimberlite is one of four kimberlites being mined at Gahcho Kué, presently ranked at 5th in the world with an annual diamond production of approximately six million carats. Mountain Province is a 49 [...]
Mountain Province Diamonds Inc. today announces production and sales results for the second quarter ended June 30, 2022 from the Gahcho Kué Diamond Mine. All figures are expressed in Canadian dollars unless otherwise noted. Additionally, the Company is providing updated FY 2022 production guidance which reflects a slower-than-planned ramp up [...]
Mountain Province Diamonds Inc. announces that the nominees listed in the management proxy circular for the 2022 Annual General Meeting of Shareholders were elected as directors of the Company. Detailed results of the vote for the election of directors held at the virtual Annual Meeting on June 30, 2022 are set out below. Nominee Votes For % For [...]
Mountain Province Diamonds Inc. is pleased to announce the appointment of Ms. Kelly Stark-Anderson to its Board of Directors. Her appointment follows the departure of Dean Chambers, who has chosen the step-down due to other commitments. Appointment of Director An accomplished executive in the Canadian mining industry, Ms. Stark-Anderson has over 25 [...]
Mountain Province Diamonds Inc. announces interim exploration results for its 100%-held Kennady North Project. The Kennady North Project consists of over 107,000 ha of claims and leases that completely surround the Gahcho Kué Diamond Mine. The 2022 exploration program is focussed on finding new kimberlites based on a detailed analysis of historical [...]