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Mountain Province Diamonds Announces Start of Ramp Up to Commercial Production at Gahcho Kué Diamond Mine
Mountain Province Diamonds Announces Start of Ramp Up to Commercial Production at Gahcho K...
About this update from Mountain Province Diamonds Inc.
[{"type":"text","content":"\n\n\n\nMountain Province Diamonds Announces Start of Ramp Up to Commercial Production at Gahcho Kué Diamond Mine\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nMountain Province Diamonds Announces Start of Ramp Up to Commercial Production at Gahcho Kué Diamond Mine\nCanada NewsWire\nTORONTO and NEW YORK, Aug. 3, 2016\n\n\n\n\n24.65 and 12.10 gem quality diamonds recovered during commissioning \nFirst diamond sale prior to end 2015 \nOn track for commercial production during Q1 2017\n\nShares Issued and Outstanding: 159,778,833TSX: MPV NASDAQ: MDM \n\n\n\nTORONTO and NEW YORK, Aug. 3, 2016 /CNW/ - Mountain Province Diamonds Inc. (\"Mountain Province\", the \"Company\") (TSX: MPV, NASDAQ: MDM) is pleased to announce that commissioning of the Gahcho Kué diamond plant has been completed ahead of schedule and the ramp up to commercial production has commenced. Gahcho Kué remains on track to achieve commercial production on schedule during the first quarter of 2017.\n\nFirst ore at the Gahcho Kué mine was exposed on March 23, 2016, and under the commissioning phase first ore was introduced to the plant on June 20, 2016, with first commissioning diamonds recovered on June 30, 2016. \n\nMountain Province President and CEO, Patrick Evans, commented: \"Successful plant commissioning and the start of ramp up to production at the world's largest new diamond mine is a major achievement for the Gahcho Kué joint venture and a tribute to the operating partner De Beers Canada.\" \n\nMountain Province is also pleased to report the recovery of the two gem quality \"special\" (+10.8 carat) diamonds during the ramp up commissioning phase. A 12.10 carat diamond was recovered during plant commissioning on July 29, 2016, and a 24.65 carat diamond was recovered on August 1, 2016. Photographs of the diamonds can be viewed on the Company's website at www.mountainprovince.com. \n\nThe first split of ramp up diamond production between Mountain Province and De Beers is scheduled for mid-September and the Company's first diamond sale is expected to take place before the...