Posts

Showing posts with the label rough price in 2020

Smooth rough mining price are coming!

Image
Mountain Province sees a sustainable rough mining rate during 2019 to 2021 Mountain Province Diamonds provides guidance for fiscal year 2019 for the Gahcho Kué Mine as well as an update on company’s performance in 2018. All amounts expressed in Canadian dollars unless otherwise stated.  During the 2018 about 3.1 to 3.2 million ore tonnes processed & 6.6 to 6.9 million carats diamond production recovered.   During the year production costs remained around $110 – $120 per tonne processed that is $50 – $54 per carat recovered cost in 2018.  In addition to the 2019 guidance, the Company also provides a 3-year production outlook for the Gahcho Kué Mine.  The production guidance over the three-year period 2019 to 2021 is evidence of a sustainable and smooth mining rate as the mine performance maintains a steady state. The mine has performed well in 2018 and there is high confidence that the tonnes treated will be on target for the year and carats recovered wil