Mountain Province Diamonds Results of Seventh Diamond Sale and Exploration Update

TORONTO and NEW YORK, Sept. 18, 2017  - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX and NASDAQ: MPVD) today announces the results of its recently completed seventh diamond sale.  A total of 463,000 carats were sold for proceeds totalling US$27.1 million, a 30% increase over the preceding sale proceeds despite there being significantly fewer fancies and specials on offer in this sale.  This was the Company's largest single sale to date in terms of both total value and carats sold, with carat volume reflecting strong production throughput and grade at the mine as well as the opportunity to fast-track just over 85,000 carats of smaller size diamonds into this sale.
 
The results of the seventh sale, with preceding sale results for comparative context, are summarized as follows:
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Lucara Announces Second Quarter Results

VANCOUVER, BRITISH COLUMBIA--(Aug. 3, 2017) -Lucara Diamond Corp. ("Lucara" or the "Company") (TSX:LUC)(BOTSWANA:LUC)(NASDAQ OMX Stockholm:LUC) is pleased to announce second quarter revenues of $79.6 million or $1,336 per carat (all dollar amounts are in US dollars unless otherwise stated).
 
HIGHLIGHTS - Financial:
Revenue was $79.6 million or $1,336 per carat (Q2 2016: $77.7 million excluding the sale of the Constellation diamond for $63.1 million and $1,017 per carat). 
EBITDA was $51.8 million (Q2 2016: $46.6 million excluding the sale of the Constellation diamond). 
Operating margin was 82% (Q2 2016: 85% excluding the sale of the Constellation diamond) 
Q2 cash position of $62.7 million (Q1 2017: $43.5 million). 
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Mountain Province Diamonds Production Report for the Second Quarter ended June 30, 2017

TORONTO and NEW YORK, July 20, 2017  - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX and NASDAQ: MPVD) today announces production results for the second quarter ended June 30, 2017 from the Gahcho Kué Diamond Mine ("GK Mine").
 
Highlights
The second quarter of 2017 represented the first full quarter of commercial production for the GK Mine, as commercial production was declared on March 1, 2017.
 
Mining of overburden, waste rock and ore in the 5034 open pit for the second quarter was approximately 8.4 million tonnes, with approximately 396,000 tonnes of ore (100 percent basis) stockpiled at period end.
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Dominion to be acquired at $14.25 (U.S.) a share

US$1.2 Billion Acquisition Represents 44% Premium to Dominion’s Unaffected Share Price
 
YELLOWKNIFE, Northwest Territories & MISSOULA, Mont. --  Dominion Diamond Corporation (TSX: DDC, NYSE: DDC) (the “Company” or “Dominion”) and The Washington Companies (“Washington”), a group of privately held North American mining, industrial and transportation businesses founded by industrialist and entrepreneur Dennis R. Washington, today announced that they have entered into an arrangement agreement (the “Arrangement Agreement”) under which an entity affiliated with Washington will acquire all of Dominion’s outstanding common shares for US$14.25 per share in cash or a total equity value of approximately US$1.2 billion pursuant to a plan of arrangement (the “Arrangement”) under the Canada Business Corporations Act. The transaction represents a 44 percent premium to Dominion’s unaffected share price of US$9.92 on March 17, 2017. The transaction marks the result of Dominion's review of strategic alternatives as previously announced on March 27, 2017.
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Mountain Province Diamonds Announces Results of Fifth Diamond Sale and Operational Update

TORONTO and NEW YORK, June 27, 2017  - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX and NASDAQ: MPVD) today announces the results of its recently completed fifth diamond sale.  The results of the fifth sale, with preceding sale results for comparative context, are summarized as follows:
       
 

2017-Q1

Sales 1-3

2017-May

Sale 4

2017-Jun

Sale 5

       

Tender Sale Proceeds (USD million)

37.7

12.7

21.1

Carats Sold ('000s)

522

148

222

Value per Carat (USD)1

72

86

95


1 Diamonds sold at individual sale events will not directly reflect run-of-mine production from specific processing periods.  The timing of the sale of some goods may be accelerated or deferred for tactical marketing purposes.  Realized average value per carat is also impacted by the binary nature of the fancies and specials bidding process within each production split, conducted approximately every five weeks with the Company's joint venture partner, De Beers Canada Inc.  The winning party of each fancies and specials bid then markets 100% of those diamonds.
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