Ex Post Facto: Behind the stories

Diamonds on the soles of his shoes.

21st September, 2014
Diamonds are a Kaiser's best friend? Dermot Desmond could be set for a windfall.

A cut above the rest? Dermot Desmond, the billionaire financier and investor, could be on the cusp of another spectacular corporate success with Mountain Province Diamonds (MPD), the Canadian listed company in which he has a hefty 22 per cent stake.

The company has revealed details of progress at its star asset, the Gahcho Kue mine in Canada’s north-west territories.

If the figures and diamond calibre live up to their billing, Desmond’s long-term diamond...

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