Before the pandemic MPD sold its share of diamonds from the Gahcho Kue diamond mine  in northern Canada  at international gem markets, such as the one in Antwerp. Photograph: Getty Images

Dermot Desmond has agreed to put up a further US$75 million (€63 million) to bail out a listed diamond miner that has suffered a “profound” impact to (...)

Dermot Desmond owns 30 per cent of Mountain Province Diamonds.

Diamond sales at Mountain Province Diamonds, a Canadian miner backed by Dermot Desmond, were down by more than 25 per cent in the third quarter as gem(...)

Dermot Desmond owns close to 30% of Mountain Province Diamonds.  Photograph: Dara Mac Dónaill

The Nasdaq listing of the Dermot Desmond-backed Canadian diamond miner, Mountain Province Diamonds, is under threat after its share price plunged by t(...)

 The number 44  bus passing through Enniskerry, Co Wicklow. Photograph: Tim Butler

If State policymakers botch their handling of the groundswell of negativity bubbling up around the ankles of the Dublin Bus network redesign this issu(...)

Dermot Desmond: has a  24 per cent stake in MPD and a 28 per cent shareholding in Kennady. Photograph: Cyril Byrne

Nasdaq-listed diamond producer Mountain Province Diamonds (MPD) and exploration group Kennady Diamonds, both of which are linked to Irish financier De(...)

As part of its takeover of Kennady, MPD will provide the former it with $10 million in funding to continue its diamond exploration activities.

Mountain Province Diamonds (MPD), a listed Canadian company whose main shareholder is Dermot Desmond, is to acquire another listed operation linked to(...)

Irish businessman Dermot Desmond, who controls a stake of about 25 per cent in Canadian miner Mountain Province Diamonds. Photograph: Cyril Byrne

Mountain Province Diamonds, a Canadian miner in which Dermot Desmond holds a stake of about 24 per cent, is seeking to sell $330 million of (€279 mill(...)

Dermot Desmond: has invested €350,000 in Story of the Irish for a stake of about 25 per cent. Photograph: Dara Mac Dónaill

Dermot Desmond, the globe-trotting financier and founder of Daon, has pitched up as an investor in a new live-action tourism exhibit in Dublin. In Jul(...)

Dermot Desmond will receive a fee of 3 per cent of the funds raised for underwriting the issue. Photograph: Cyril Byrne/The Irish Times

Dermot Desmond is to underwrite a $95 million Canadian dollars (€66 million) fundraising by Mountain Province Diamonds, of which he owns a stake of ab(...)

Caelum Developments, the international property development outfit run by the Sharkey family, has apparently appointed a contractor to carry out work (...)

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