Mountain Province bounces back as diamond demand returns
Mountain Province Diamonds (TSX: MPV; US-OTC: MPVD) saw profit jump in the second quarter of the year as consumer demand for precious stones returned and Covid-19 cases dropped at its…
Mountain Province Diamonds
Rough diamond pricing: Learn the lessons of history or history will repeat itself
Suddenly, diamonds are looking interesting again. The cutbacks in diamond production last year, allied to the substantial fall in manufacturing capacity in India (the major diamond cutting centre) as a…
Mountain Province taps Dunebridge for US$33M loan
Citing “serious financial difficulty,” Mountain Province Diamonds (TSX: MPVD) has again tapped its largest shareholder for a loan, this time adding a US$33 million term loan facility to its existing…
Nighthawk Gold hunts for more near-surface mineralization at Indin Lake project
Nighthawk Gold (TSX: NHK; US-OTC: MIMZF) hopes to develop Canada’s next gold camp at its 100%-owned Indin Lake gold project in the Northwest Territories, about 220 km north of Yellowknife, says…
Mountain Province sees ‘positive momentum’ in battered diamond market
Since resuming regular diamond tenders in September, Mountain Province Diamonds (TSX: MPVD) has seen prices for its goods start to rise. In fact, the diamond junior, which owns a 49%…
Diamonds Snapshot: Seven small diamond producers and explorers to watch
The Covid-19 pandemic has choked off revenue for diamond producers and funding for diamond juniors for much of the year. But with the diamond trade slowly starting to reopen and…
Top 10 Canadian-headquartered diamond companies
The Northern Miner presents the top-ten Canadian-headquartered diamond companies ranked by market capitalization as of late-June. 1. Lucara Diamond Market capitalization: US$185.6 million Lucara Diamond’s (TSX: LUC) key asset is…
Diamonds Snapshot: Six juniors staying in the game
For companies without the size and heft of the big producers De Beers and Alrosa, the diamond space has always been a challenging one – even before the coronavirus pandemic….
Mountain Province boosts inferred resources at Faraday 2 kimberlite
Mountain Province Diamonds (TSX: MPVD; NYSE: MPVD) has incorporated the northwest extension of the Faraday 2 kimberlite at its Kennady North project into an updated inferred resource for the kimberlite…