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Showing posts with the label rough production FY 2020

Rough production fall 4% YoY at Mountain Province

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6,518,261 carats of diamond recovered during FY 2020 3,329,289 carats sold at an average value of US$51 per carat  Mountain Province Diamonds announces production and sales results for the fourth quarter ended December 31, 2020 from the Gahcho KuĂ© Diamond Mine. 9,796,823 total tonnes mined during the quarter, a 12% decrease on comparable period of Q4 2019 had recorded for 11,089,408. 35,870,474 total tonnes mined during FY 2020, a 17% decrease from comparable period of FY 2019 which had registered 43,224,827.   1,521,617 carats recovered during the quarter at an average grade of 2.07 carats per tonne, 23% lower than comparable quarter (Q4 2019: 1,977,438 carats at 2.11). 6,518,261 carats recovered during FY 2020 at an average grade of 2.01 carats per tonne, 4% slightly lower than comparable period (FY 2019: 6,820,631 carats at 1.90). According to Mountain Province Diamonds Q4 and FY 2020 diamond sales report, Q4 2020 diamond sales totaled 957,120 carats sold at an average ...