GJ Town India

  Sales 956K carat in 3Q   Update 1: Recently Mountain Province Diamonds announces third quarter and nine months ended September 30, 2020 announced its financial and operating results for the Q3 2020 and nine months ended September 30, 2020. All figures are expressed in Canadian dollars unless otherwise noted. At the time Q3 is focussed.   According to the Operational Highlights for Q3 2020, about 821K tonnes treated, an 8% decrease from the 891K tonnes treated in Q3 2019 at Mountain Province. Overall 1,795,000 carats recovered at an average grade of 2.19 carats per tonne, a 17% increase compared to the 1,528,000 carats recovered at 1.71 carats per tonne of Q3 2019. 9,881,000 total tonnes mined, a 16% decrease from 11,742,00 total tonnes mined in Q3 2019. From the Financial highlights for Q3 2020 it is learned that the revenue from 956,000 carats sold at $47.3 million (US$35.3 million) at an average realised value of $50 per carat (US$37) compared to $54.8 million from 791,000 car

Diamond sales tumbles,   Mountain Province hope on US holiday season! Mountain Province Diamonds Inc announces its financial and operating results for Q3 2018 & says earnings from mine operations for the three and nine months ended September 30, 2018 amounted to $25.2 million and $68.3 million respectively.   For the nine months ended September 30, 2018, approximately 2443K tonnes of ore treated and 5391K carats recovered, on a 100% basis, for an average recovered grade of 2.21 carats per tonne, ahead of expectations. The recovered grade for Q3 2018 was also very high at 2.40 cpt. The Company’s 49% attributable share of diamond production for the three and nine months ended September 30, 2018 was approximately 891,000 carats and 2,642,000 carats respectively. Stuart Brown, the Company’s President and CEO, commented, “The performance of the Gahcho Kué Mine was as expected for the quarter; we remain on track to achieve or exceed all production targets for the year