SRK was the Independent Engineer for the Lenders $370M debt financing for Mountain Province. Gahcho Kué, located in the Northwest Territories, is a joint venture between Mountain Province Diamonds and De Beers, 49% and 51% respectively. SRK’s multi-disciplinary team completed the desktop review and site visit, and identified risks including the logistical access to the site. All construction materials and fuel had to be transported by ice road from Yellowknife, which only operates during February and March. After a successful season the Lenders and Mountain Province closed the deal. At the end of construction monitoring, SRK will conduct completion testing.
