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- Mountain Province Extends Loan Repayment Terms
on 19 November 2025 at 3:00 pmTroubled Canadian miner Mountain Province Diamonds has extended the repayment terms on a CAD 33m (USD 23.4m) short-term loan it took to see it through ongoing cash flow difficulties. The company announced details in February 2025 of a Working...
- KP on Brink of New "Conflict Diamond" Definitionon 19 November 2025 at 12:00 pm
The Kimberley Process (KP) could announce a proposed redefinition of "conflict diamonds" on Friday (21 November). Members meeting at the five-day plenary in Dubai this week are discussing a broader definition, one likely to include state actors in ...
- China Ends VAT Concession for Diamondson 19 November 2025 at 4:00 am
China has ended concessions on diamond imports and is now charging 13 per cent VAT. The move applies specifically to diamonds - both natural and lab grown - traded through the Shanghai Diamond Exchange (SDE), but since it is China's sole authorized...
- Star Diamond Losses Narrow as it Cuts Costson 17 November 2025 at 5:00 am
Canadian junior miner Star Diamond reported another net loss in Q3, of CAD 989,000 (USD 705,000). It was lower than its Q3 loss in 2024 (CAD 1.4m, USD 997,000) and its loss of CAD 1.45m (USD 1,034,000) in Q2 2025. The company said it was narrowing...
- Mountain Province CEO Quits as Losses Widenon 14 November 2025 at 6:00 am
Canada's Mountain Province Diamonds has announced the departure of Mark Wall, its president and CEO, on the same day it reported a third-quarter net loss of CAD 55.9m (USD 39.9m). Mountain Province, which owns 49 per cent of the open pit Gahcho Kue...