TORONTO, Jan. 23, 2024 /CNW/ – Mountain Province Diamonds Inc. (“Mountain Province”, the “Company”) (TSX: MPVD) (OTC: MPVD) today announces production and sales results for the fourth quarter ended December 31, 2023 (“the Quarter” or “Q4 2023”), and full-year 2023 (“FY 2023”) from the Gahcho Kué Diamond Mine (“GK Mine”). All figures are expressed in Canadian dollars unless otherwise noted.
FY 2023 Highlights
- In 2023, approximately 2.7 million carats were sold at an average value of $121 per carat (US$90 per carat) for total proceeds of $328.6 million (US243.7 million). This compares to 2.7 million carats sold at an average value of $146 per carat (US$112 per carat) for total proceeds of $388.8 million (US$297.3 million) in FY 2022.
- Ore mined on a FY 2023 basis was 3.8 million tonnes against the revised guidance of 3.1 – 3.6 million tonnes. Ore processed on a FY 2023 basis was 3.25 million tonnes against guidance of 3.2 – 3.5…
