Mountain Province Diamonds Announces Fourth Quarter and Full Year 2019 Production and Sale Results and Provides Q4 Conference Call Details

Nachrichtenquelle: PR Newswire (engl.)
23.01.2020, 23:01  |  134   |   |   

TSX and NASDAQ: MPVD

TORONTO and NEW YORK, Jan. 23, 2020 /CNW/ - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX and NASDAQ: MPVD) today announces production and sales results for the fourth quarter ended December 31, 2019 ("the Quarter" or "Q4 2019") from the Gahcho Kué Diamond Mine ("GK Mine"). The Company also releases the details for its Q4 2019 earnings conference call and webcast. All figures are expressed in Canadian dollars unless otherwise noted.

Mountain Province Diamonds Inc. (CNW Group/Mountain Province Diamonds Inc.)

Q4 and FY 2019 Highlights
(all figures reported on a 100% basis unless otherwise stated)

  • 11,089,408 total tonnes mined during the quarter, a 2% decrease on comparable period (Q4 2018: 11,365,990).  43,224,827 total tonnes mined during FY 2019, a 4% increase from comparable period (FY 2018: 41,444,057).

  • 890,886 ore tonnes mined during the quarter, a 33% increase on comparable period (Q4 2018: 670,707).  3,247,324 ore tonnes mined during FY 2019, a 12% increase from comparable period (FY 2018: 2,908,184).

  • 936,903 ore tonnes treated during the quarter, a 25% increase on comparable period (Q4 2018: 751,448).  3,580,551 ore tonnes treated during FY 2019, a 12% increase from comparable period (FY 2018: 3,194,360).

  • 1,977,438 carats recovered during the quarter at an average grade of 2.11 carats per tonne, 28% higher than comparable quarter (Q4 2018: 1,545,786 carats at 2.06). 6,820,631 carats recovered during FY 2019 at an average grade of 1.90 carats per tonne, 2% slightly lower than comparable period (FY 2018: 6,936,894).

Q4 and FY 21019 Production Statistics1


2019 Q4

2018 Q4

YoY

Variance

FY 2019

FY 2017

YoY

Variance








Total tonnes mined (ore and waste)

11,089,408

11,365,990

Seite 1 von 6
Mountain Province Diamonds Aktie jetzt ab 0€ handeln - auf Smartbroker.de



Diesen Artikel teilen

0 Kommentare

Schreibe Deinen Kommentar

Bitte melden Sie sich an, um zu kommentieren. Anmelden | Registrieren

 

Disclaimer

Meistgelesene Nachrichten des Autors

Titel
Titel
Titel
Titel