Mountain Province looks to biggest shareholder for revenue, refinancing
After closing a C$50 million alternative diamond sale deal in June with Dunebridge Worldwide, company is proposing to double the value of the sales agreement to C$100 million.
Miner posted a net loss of $984,928, compared to a $663,145 loss a year earlier, due to an increase in costs of developing its Tongo-Tonguma diamond project in eastern Sierra Leone.