Mountain Province Diamonds

Primary ticker: TSX:MPVD & NASDAQ:MPVD
Stage of development: Production, Development
Primary minerals: Diamonds
Project to promote: Gaucho Kue Mine

Live financials

Mountain Province Diamonds is a Canadian diamond mining company headquartered in Toronto, Ontario. In joint venture with De Beers, Mountain Province operates the world’s largest and richest new diamond mine—Gahcho Kué—located in Canada’s Northwest Territories.

Management Profile

Stuart Brown – President & CEO

Mr. Stuart Brown is the Company’s President and CEO effective July 1, 2018. Mr. Brown has over 25 years of experience in the diamond industry, where he has gained a wealth of experience across all aspects throughout the diamond pipeline from exploration, mine development and operations to the selling and marketing of diamonds. In 2006, after numerous roles within DeBeers over a period of 14 years, Mr. Brown was appointed as the De Beers Group Chief Financial Officer. He held that position for over five years, and in 2010 was appointed joint acting CEO to run De Beers’ global activities in addition to his CFO duties. Since September 2013, Mr. Brown has been the CEO of publicly-listed Firestone Diamonds Plc, a diamond producer in Lesotho. Mr. Brown was responsible for securing the funding and building the team that delivered the successful construction and transition to production of Firestone’s Liqhobong diamond mine. Mr. Brown has an enviable track record of leading business transformation to develop lean, agile and high performing organisations. Mr. Brown holds a Bachelor of Accounting Science from the University of South Africa.

What is your rationale for attending 121 Mining Investment?

Marketing and targeting new investors

What recent news would you like to highlight to investors attending?
Operational Performance and forward Guidance
Exploration results of our most recent drilling

What are your key goals for the next 3, 6 and 12 months?

3 Months:
End 2018 exceeding our forecasts
6 Months:
Continued success of our exploration programs on our core asset
12 Months:
Updated MRMR and Life of Mine Plan

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Macro environment and lower diamond prices

In a sentence, what do you think makes your company such a compelling investment?

Healthy operating margins, world class asset in a very safe jurisdiction