EXIMUTC NEWS

Natural Gemstones & Fine Jewelry Market Intelligence

De Beers to assume full ownership of the Gahcho Kué diamond mine

EXIMUTC editorial illustration of a blue-green faceted gemstone
EXIMUTC editorial illustration

Mountain Province Diamonds says its restructuring agreement provides for De Beers to assume full ownership of Gahcho Kué by acquiring Mountain Province's 49% participating interest.

EXIMUTC Market View

EXIMUTC's market view: the transaction changes ownership of a producing natural-diamond mine, but it does not by itself establish future rough-diamond prices or the value of any individual diamond.

Source

JCK: https://www.jckonline.com/editorial-article/de-beers-gahcho-kue-mine