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Last Trade
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Last Trade:
$0.20
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Change:
-0.0149 (-6.90%)
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Trade Time:
Jul 10
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Market Cap:
$42.29M
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Description of Business
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Mountain Province Diamonds Inc. is focused on the mining and marketing of rough
diamonds to the global market. The Company supplies rough diamonds to the global
market from its 49% ownership interest in the Gahcho Kué diamond mine (the "GK
Diamond Mine". The GK Diamond Mine is located in Canada's Northwest Territories.
The Company acquired its interest in the mineral claims and properties that were
developed into the GK Diamond Mine in August 1992. The GK Diamond Mine was built
and is operated by a joint venture (the "Gahcho Kué Joint Venture") in which the
Company has an undivided 49% interest. The other joint venture participant, De
Beers Canada Inc. ("De Beers"), has an undivided 51% interest.
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