Mountain Province Diamonds announces financial results for the first quarter ended March 31, 2024 from the Gahcho Kué Diamond Mine. Financial Highlights for First Quarter 2024 938,000 carats sold, with total proceeds of $89.4 million at an average realised value of $95 per carat. Adjusted EBITDA1 of $50.0 million. Earnings from mine operations of $30.4 million. Net income of $6.8 million or $0.03 basic and diluted [...]
Mountain Province Diamonds announces production and sales results for the first quarter ended March 31, 2024 from the Gahcho Kué Diamond Mine. Q1 Production Takeaways 1,264,887 carats recovered, 4% lower than last year's comparable quarter Average grade of 1.57 carats per tonne, a 9% decrease relative to Q1 2023 1,946,856 ore tonnes mined, a 355% increase relative to last year's comparable quarter 805,557 ore tonnes [...]
Mountain Province Diamonds Inc. today announces its financial and operating results for the fourth quarter and the full year ended December 31, 2023. FY 2023 Highlights 43% improvement in key site safety KPI in 2023 vs 2022. Adjusted EBITDA1 of $165.0 million, down 8% relative to 2022. Total sales revenue at $328.6 million compared to $388.9 million in 2022 2022: $146 per carat. Repaid US$18 million in Senior Secured [...]
Mountain Province Diamonds Inc. announces revised details for its fourth quarter and full-year 2023 earnings release and conference call. The delay in the issuance of fourth quarter and year-end 2023 results is due to the financial audit process not being completed by the planned date. Revised Earnings Release and Conference Call Details Prior to the conference call, the Company will release Q4 and full-year 2023 [...]
Mountain Province Diamonds Inc. wishes to provide guidance for 2024, as well as details for its fourth quarter and full-year 2023 earnings release and conference call. All figures are expressed in Canadian dollars unless otherwise noted. 2024 Guidance The Company wishes to provide operating and cost guidance for 2024, as follows: 36 - 39 million total tonnes mined 4.1 - 4.6 million ore tonnes mined 3.4 - 3.6 million ore [...]
Mountain Province Diamonds Inc. announces production and sales results for the fourth quarter ended Dec 31, and full-year 2023 from the Gahcho Kué Diamond 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 for total proceeds of $328.6 million . This compares to 2.7 million carats sold at an [...]
Mountain Province Diamonds Inc. announces its financial and operating results for the third quarter and nine months ended September 30, 2023. All figures are expressed in Canadian dollars unless otherwise noted. Q3 2023 Key Highlights 478,653 carats were sold for total proceeds of $60.3 million at an average price of $126 per carat. Quarterly Adjusted EBITDA of $25.1 million1 Earnings from mine operations of $2.7 million [...]
Mountain Province Diamonds Inc. announces operating and sales results for the third quarter ended Sept 30, 2023 from the Gahcho Kué Diamond Mine. Additionally, the Company wishes to provide details of its third quarter 2023 earnings release and conference call. All figures are expressed in Canadian dollars unless otherwise noted. Operational Highlights for Third Quarter 2023 877,617 ore tonnes treated, an 8% increase [...]
Mountain Province Diamonds Inc. today announces financial results for the second quarter ended June 30, 2023 from the Gahcho Kué Diamond Mine. Second Quarter 2023 Key Takeaways 360,308 carats were sold for total proceeds of $59.9 million at an average price of $166 per carat. Adjusted EBITDA1 of $30.7 million. Earnings from mine operations of $26.9 million. Net income of $17.3 million or $0.08 basic and diluted earnings [...]
Mountain Province Diamonds Inc. wishes to provide the details of its Q2 2023 earnings release and conference call. Earnings Release and Conference Call Details The Company will host its quarterly conference call on Friday August 11th, 2023 at 11:00am EDT. Prior to the conference call, the Company will release Q2 2023 financial results on August 10th, 2023 after-market. Conference Call Dial-in Details: Title: [...]
Mountain Province Diamonds Inc. announces operating and sales results for the second quarter ended June 30, 2023 from the Gahcho Kué Diamond Mine. Operational Highlights for Second Quarter 2023 750,241 ore tonnes treated, largely unchanged relative to Q2 2022, 1,339,196 carats recovered, 6% higher than the comparable quarter Average grade of 1.79 carats per tonne, a 6% increase relative to Q2 2022 595,990 ore tonnes [...]
Mountain Province Diamonds announces that the nominees listed in the management proxy circular for the 2023 Annual General Meeting of Shareholders were elected as directors of the Company. Detailed results of the vote for the election of directors held at the virtual Annual Meeting on June 22, 2023 are set out below. Nominee Votes For % For Votes Withheld % Withheld Jonathan Comerford 88,788,781 97.70 % 2,086,491 2.30 [...]
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