Mining News: Northern Neighbors: New Northwest Territories diamond mine nears

Mountain Province Diamonds Inc. May 9 reported that development of the Gahcho Kué diamond mine in Northwest Territories is roughly 94 percent complete and on track for first production during the second half of 2016. Mountain Province President and CEO Patrick Evans said, “Mechanical completion has been achieved at the process plant and truck shop, and we are on schedule to achieve mechanical completion of the primary crusher during the current quarter. Key areas of focus are commissioning of the diamond process plant, remaining earthworks, pre-stripping and stockpiling of kimberlite as well as preparations for operational readiness.” Gahcho Kué – a joint venture between De Beers Canada (51 percent) and Mountain Province Diamonds (49 percent) – is anticipated to produce 53.4 million carats of diamonds over a 12-year mine-life, according to a 2014 feasibility study.

- Shane Lasley