Mountain Province Diamonds Announces First Quarter Financial Results for 2023
TORONTO, May 9, 2023 /PRNewswire/ - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD) (OTC: MPVD) today announces financial results for the first quarter ended March 31, 2023 ("the Quarter" or "Q1 2023") from the Gahcho Kué Diamond Mine ("GK Mine").
- TORONTO, May 9, 2023 /PRNewswire/ - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD) (OTC: MPVD) today announces financial results for the first quarter ended March 31, 2023 ("the Quarter" or "Q1 2023") from the Gahcho Kué Diamond Mine ("GK Mine").
- Repaid US$12.0 million of second lien bond debt principal on April 4th 2023.
- Net of Capitalized stripping, cost per carat recovered was $58/carat in Q1 2023 vs $56 in Q1 2022.
- The following table summarizes key operating statistics for the Gahcho Kué Mine in the three months ended March 31, 2023 and 2022.