Mountain Province Joins Dominion’s Canadamark

Mountain Province Diamonds (TSX:MPVD,NASDAQ:MPVD) has announced that it has entered into an understanding with Dominion Diamond Mines, which allows Mountain Province’s customers to certify their qualifying polished diamonds under the Canadamark™ certification program.

Canadamark, is a strategic initiative started by Dominion to ensure the quality of Canadian mined diamonds. Through its participation, Mountain Province joins Dominion in its efforts to assure the supply chain integrity of Canadian diamonds from mine to retail.

As quoted from the press release:

The Canadamark program verifies that diamonds are natural and untreated, and mined in Canada under a regulatory regime which protects the sustainability of the natural environment and northern people. Canadamark certified diamonds are tracked through independent, audited processes from mine of origin to polished stone, and polished to meet specific quality standards.

“We are excited that customers buying our share of the Gahcho Kué production can now apply for Canadamark™ certification.  Once they are certified, our customers can confidently demonstrate the Canadian provenance of their goods and use this to enhance and support their individual branding programs.  The unique characteristics of the Gahcho Kué production will help broaden the range of certified-Canadian goods available to consumers and consolidate market share of Canadian product under a consistent Canadian provenance standard,” said Reid Mackie, Mountain Province’s vice president diamond marketing.

“We are proud to partner with other diamond producers such as Mountain Province to promote the natural beauty of Canadian diamonds through the Canadamark program. Canadian diamonds are highly sought after by discerning buyers around the world who place special value on a product that has been responsibly mined, cut and polished,” Dominion’s CEO Patrick Evans added.

Click here to read the full press release