Gahcho Kué sales 679,599 carats diamond in Q3
Mountain Province rough diamond recovery lowered 10%! Mountain Province Diamonds Inc announces financial results for the third quarter ended September 30, 2024- Q3 2024, from the Gahcho Kué Diamond Mine (GK Mine). Q3 2024 Key Takeaways are, 1: 679,599 carats were sold. 2: Revenue from 679,599 carats sold at $69.4 million (US$50.8 million) at an average realised value of $102 per carat (US$75) compared to $60.3 million from 478,653 carats sold in Q3 2023 (US$45.3 million) at an average realized value of $126 per carat (US$95). 3: Total sales revenue of $215.7 million (US$158.4 million) at an average realised value of $99 per carat (US$73) compared to $248.9 million in 2023 (US$184.9 million) at an average realized value of $138 per carat (US$103). 4: 1,187,912 carats recovered, 10% lower than Q3 2023 (1,326,610 carats recovered), Average grade of 1.24 carats per tonne treated, 18% lower than Q3 2023 (1.51 carats per tonne). Mark W...