Gahcho Kue has set a new company record with a 95-carat gem diamond recovered from its mine – a gem of top clarity, states a news release from Mountain Province Diamonds.
At its point of sale, it broke records by doubling the highest value for a single diamond, stated a June 28 news release from the company.
It was the largest gem quality stone and fourth largest stone recovered from the mine site since production started less than two years ago, stated Reid Mackie, vice president of diamond marketing for Mountain Province Diamonds.
In its fifth diamond sale of 2018, the company netted CDN $40-million. It could not disclose the name of the buyer, nor the price of the 95-carat gem, the release states.
“The recovery of this diamond firmly establishes Mountain Province as a reliable producer of exceptional, high quality, Canadian diamonds in very large sizes and bodes well for the future discovery of similar gems,” stated Mackie.
Mountain Province Diamond is jointly owned with De Beers.