Mountain Province company managed to sell 277,646 carats of rough diamonds in its second tender raw diamond mine Gacho Quay (Gahcho Kué) in Canada.
The Company sold all the diamonds being offered for sale, including those that kept it from sale in January because of the liquidity crisis in India, said in a statement, Mountain Province. In the past, the sales cycle diamond mining company managed to sell 49,420 carats for $ 127 per carat for a total of $ 6.3 million. Meanwhile, Mountain Province did not disclose dollar revenues from its second tender.
The third sale of approximately 193,900 carats of diamonds is scheduled for later this month.
Production at Gacho Quay mine began in September, and full commercial production started last week. Mountain Province holds 49% of the project and De Beers owns 51% of its shares.
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Stornoway Diamond Corporation announced the discovery of kimberlite on its wholly-owned project Adamanten (Adamantin) in the Canadian province of Quebec.
The company said that for the moment it was discovered 11 kimberlite bodies -. The thickness of the intersected kimberlite whole reaches 13.7 m Geological studies show that this kimberlite, although it is close to the Renard kimberlite cluster (Renard), differs from it.
Drilling work on the site began in March after sampling on the project Adamanten in 2015, during which confirmed the presence of minerals - kimberlite indicators. Stornoway reported that the kimberlite was intersected in 18 of the 78 wells drilled on 72 geophysical projects. It is assumed that the intersection of rock belongs to at least 11 kimberlite bodies.
The company said that, to her knowledge, this is the first new kimberlite found in Quebec for more than 10 years. She also suggested that if the melting ice has not prevented the drill can be detected and new kimberlites, although it was selected enough material to get an idea about the content of the diamond.
"We are encouraged by the first results of drilling on the project Adamanten - in a region that is already known to prospective mineral content, where there was found a diamond in the boulder clay was discovered extensive kimberlite field", - said the president of Stornoway Matt Manson (Matt Manson).
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