Mountain Province Diamonds Inc. (TSX: MPVD) has signed a non-binding memorandum of understanding with its partner in the Gahcho Kué mine, De Beers Canada Inc. The MoU contemplates incorporating properties owned by Kennady Diamonds Inc. into the Gahcho Kué joint venture in the event that Mountain Province’s proposed acquisition of Kennady Diamonds is approved. Mountain Province and De Beers will now work towards a definitive agreement based on the MoU.
It is with deep sadness that Barrick Gold Corporation (TSX:ABX) announces the passing of the company’s Founder and Chairman Emeritus, Peter Munk. Munk passed away peacefully in Toronto on March 28, surrounded by his family. He was 90.