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Mountain Province’s Q1 marked by covid shutdown, rising diamond prices
Gahcho Kue mine. Credit: Mountain Province Diamonds

The first quarter of the year marked a continuing recovery in diamond prices for Mountain Province Diamonds (TSX: MPVD) – but production at the company’s 49%-owned Gahcho Kué mine, in the Northwest Territories, was severely curtailed by a covid-19 outbreak.

The mine, operated by 51% owner De Beers, was linked to at least 18 cases and was shut down for 22 days to get the outbreak under control.

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Gahcho Kue mine. Credit: Mountain Province Diamonds

The first quarter of the year marked a continuing recovery in diamond prices for Mountain Province Diamonds (TSX: MPVD) – but production at the company’s 49%-owned Gahcho Kué mine, in the Northwest Territories, was severely curtailed by a covid-19 outbreak.

The mine, operated by 51% owner De Beers, was linked to at least 18 cases and was shut down for 22 days to get the outbreak under control.

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