TORONTO and NEW YORK, Oct. 24, 2017  - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX and NASDAQ: MPVD) today announces production results for the third quarter ended September 30, 2017 from the Gahcho Kué Diamond Mine ("GK Mine"), as well as the results of its recently completed eighth diamond sale.

 

Q3 Production Highlights

Mining of overburden, waste rock and ore in the 5034 open pit for the third quarter was approximately 8.3 million tonnes, with approximately 695,000 tonnes of ore (100 percent basis) stockpiled at period end.

In the third quarter of 2017, the GK Mine treated approximately 823,000 tonnes of ore through the process plant (14% greater than current forecast) and recovered approximately 1,825,000 carats on a 100% basis (19% greater than current forecast) for an average grade of approximately 2.22 carats per tonne. The Company's attributable share of third quarter diamond production was approximately 894,000 carats.

VANCOUVER, BRITISH COLUMBIA--(Sept. 25, 2017) -Lucara Diamond Corp. (TSX:LUC)(BOTSWANA:LUC)(NASDAQ OMX Stockholm:LUC) ("Lucara" or the "Company") is pleased to announce that the historic 1,109 carat Lesedi La Rona recovered from the Karowe mine in Botswana in November 2015 (see news release dated November 19, 2015) has been sold for US$53 million (US$47,777 per carat) to Graff Diamonds.

 

Laurence Graff comments, "We are thrilled and honoured to become the new custodians of this incredible diamond. The stone will tell us its story, it will dictate how it wants to be cut, and we will take the utmost care to respect its exceptional properties. This is a momentous day in my career, and I am privileged to be given the opportunity to honour the magnificent natural beauty of the Lesedi La Rona."

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:

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).