The world’s largest new diamond mine, Gahcho Kue, in the Canadian tundra

Mountain Province Diamonds (MPD), a Toronto-listed miner in which Dermot Desmond holds a 28 per cent stake, sold 240 million Canadian dollars (€161 mi(...)

Dermot Desmond spent $18.6 million Canadian dollars (€12.3 million) in the last week buying shares in Toronto-listed Mountain Province Diamonds.

Dermot Desmond spent $18.6 million Canadian dollars (€12.3 million) in the last week buying shares in Toronto-listed Mountain Province Diamonds. The(...)

Businessman Dermot Desmond indicated ahead of the deal that he planned to back the merger of Mountain Province Diamonds and Kennady Diamonds. Photograph: Joe St Leger

Shareholders of the Dermot Desmond-backed Mountain Province Diamonds (MPD) and Kennady Diamonds have “overwhelmingly” backed a 176 million Canadian do(...)

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: bought another stake for about €3.5m in Canadian-listed firm Mountain Province Diamonds. Photograph: Cyril Byrne

Diamonds really are a billionaire’s best friend.Dermot Desmond has in recent weeks bought another one million shares for about €3.5 million in the Can(...)