Mountain Province Diamonds is a major partner in the largest new diamond mine under development globally. Through its partnership with De Beers, the company is well placed to capitalize from the experience of the world's largest diamond producer. The Gahcho Kué project is located in Canada, the third largest and politically most stable diamond producing country. By the time the Gahcho Kué mine reaches full production it is projected that diamond prices will have risen sharply to close what is predicted to be a US$5 billion supply deficit.
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