Mountain Province sales over 643K carats
Mountain Province recovers 1.5 mn carats of diamond According to the Mountain Province Q1 2019, they have recovered 1,584,552 carats at an average grade of 1.82 carats per tonne, slightly lower than the same period last year and mainly as a result of planned mine sequencing of lower grade ore tonnes mined and treated during the quarter and due to the previously announced plant modifications Revenue from 643,739 carats sold at $60.7 million (US$45.8 million) compared to $66.6 million from 527,000 carats sold in Q1 2018 (US$52.4 million) at an average realised value of $94 per carat (US$71) 2018: $126 per carat, (US$99). Q1 2019 mining results were in line with the Company's expectations with over 9.5 million tonnes of material mined, 16% higher than the same period last year. The plant treated 870,949 tonnes, or approximately 9,677 tonnes per day, 11% higher than the...