Mountain Province Diamonds Inc. announces the discovery of additional kimberlite, approximately 40 metres to the northeast of the modeled Tuzo kimberlite. In addition, the drilling of the Hearne Deep and the Northwest Extension has seen multiple intercepts of up to 287 metres of kimberlite. The Hearne Northwest Extension was identified in late 2021 when a kimberlite exposure was encountered in a lower bench face during [...]
Mountain Province Diamonds Inc. today announces financial results for the first quarter ended March 31, 2023 from the Gahcho Kué Diamond Mine. Financial Highlights for First Quarter 2023 961,000 carats sold, with total proceeds of $128.7 million at an average realised value of $134 per carat, a record quarterly revenue result for the Company. Record Adjusted EBITDA1 of $67.5 million. Earnings from mine operations of $47.2 [...]
Mountain Province Diamonds Inc. and wishes to provide the details of its Q1 2023 earnings release and conference call. Earnings Release and Conference Call Details The Company will host its quarterly conference call on Wednesday May 10th, 2023 at 11:00am EST. Prior to the conference call, the Company will release Q1 2023 financial results on May 9th, 2023 after-market. Conference Call Dial-in Details: Title: [...]
Mountain Province Diamonds Inc. announces production and sales results for the first quarter ended March 31, 2023 from the Gahcho Kué Diamond Mine. Q1 Production Takeaways 1,319,603 carats recovered, 11% higher than last year's comparable quarter Average grade of 1.72 carats per tonne, a 3% increase relative to Q1 2022 427,925 ore tonnes mined, a 58% decrease relative to last year's comparable quarter 766,786 ore tonnes [...]
Mountain Province Diamonds Inc. announces its financial and operating results for the fourth quarter and the full year ended December 31, 2022. FY 2022 Highlights Adjusted EBITDA1 of $177.2 million, up 31% relative to 2021. Total sales revenue at $388.9 million compared to $298.3 million in 2021, at an average realized value of $146 per carat 2021: $94 per carat. During 2022 the Company repaid US$110 million in debt [...]
Mountain Province Diamonds Inc. wishes to provide further information regarding its voluntarily termination of SEC reporting obligations, as well as providing historical context to the decision. The Company announced in a news release dated January 30th, 2020 de-listing from the NASDAQ Stock Exchange. In this same press release, the Company announced that it intended, at a future date, when permitted under SEC rules, to [...]
Mountain Province Diamonds announces that it will voluntarily file a Form 15F with the United States Securities and Exchange Commission to terminate the registration of its common shares under Section 12 of the Securities Exchange Act of 1934, as amended, and its reporting obligations under Section 13 and Section 15 of the Exchange Act. Management of the Company is of the view that the costs associated with continuing the [...]
Mountain Province Diamonds Inc. wishes to provide the details of its Q4 and full year 2022 earnings release and conference call. Earnings Release and Conference Call Details The Company will host its quarterly conference call on Thursday March 23rd, 2023 at 11:00am EST. Prior to the conference call, the Company will release Q4 and full-year 2022 financial results on March 22nd, after-market. Conference Call Dial-in [...]
Mountain Province Diamonds Inc. today announces production and sales results for the fourth quarter ended December 31, 2022 from the Gahcho Kué Diamond Mine. All figures are expressed in Canadian dollars unless otherwise noted. Q4 and FY 2022 Highlights 1,621,800 carats recovered during Q4 at an average grade of 1.96 carats per tonne. Full year 2022 production of 5.52 million carats against guidance of 5.60 - 5.80 million [...]
Mountain Province Diamonds announces the closing of its previously announced refinancing transaction involving the issuance of US$195.0 million aggregate principal amount of its 9.000% Senior Secured Second Lien Notes due 2025 to refinance US$189,150,000 aggregate principal amount of the Company's existing 8.000% Senior Secured Second Lien Notes due 2022. The remaining balance of the Existing Notes, which matured today [...]
Mountain Province Diamonds Inc. is pleased to announce that at its special meeting of shareholders held on December 12, 2022 99.3% of the votes held by disinterested shareholders were cast in favour the previously announced refinancing transaction involving the issuance of approximately US$195.0 million aggregate principal amount of new senior secured second lien loan notes to refinance US$189,150,000 of the Company's [...]
Mountain Province Diamonds Inc. is pleased to provide phase one drilling results for the discovery as reported in July 2022 of the Hearne Northwest Extension at Gahcho Kué Mine. The Hearne kimberlite is one of four kimberlites being mined at Gahcho Kué Mine, which is presently ranked as 4th in the world by annual diamond production. Mountain Province is a 49% shareholder at Gahcho Kué with joint venture partner De Beers [...]
+21,23 %
+1,76 %
-9,95 %
-1,94 %
0,00 %
