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Mountain Province Diamonds Announces Results of First Diamond Sale of 2021


Mountain Province Diamonds Announces Results of First Diamond Sale of 2021
TSX and OTCQX: MPVD
TORONTO and NEW YORK, Jan. 25, 2021 /PRNewswire/ Mountain Province Diamonds Inc. ( Mountain Province , or the Company ) (TSX: MPVD) (OTCQX: MPVD) is pleased to announce the results of its latest diamond sale in Antwerp, Belgium, which closed on January 22, 2021.
In this sale, 241,827 carats were sold for total proceeds of $27.8 million (US$21.8 million) resulting in an average value of $115 per carat (US$90 per carat).
Stuart Brown, the Company s President and CEO, commented:
The first sale of the year was excellent, the growing confidence amongst rough diamond buyers translated into a healthy price improvement of 8% on a like for like basis when compared to our record high volume December sale. We expect to see a continuation of the positive trend as rough and polished markets continue to strengthen post a successful retail season. Looking ahead, our upcoming ....

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Mountain Province Diamonds Announces the Results of its Fourth Quarter Diamond Sales and the Recovery of an Exceptional Diamond


Mountain Province Diamonds Announces the Results of its Fourth Quarter Diamond Sales and the Recovery of an Exceptional Diamond
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TORONTO and NEW YORK, Dec. 16, 2020 /PRNewswire/ - Mountain Province Diamonds Inc. ( Mountain Province , or the Company ) (TSX: MPVD) (OTCQX: MPVD) is pleased to announce the results of the fourth quarter ( Q4 ) diamond sales.
Mountain Province Diamonds Announces the Results of its Fourth Quarter Diamond Sales and the Recovery of an Exceptional Diamond (CNW Group/Mountain Province Diamonds Inc.)
During the quarter, 956,348 carats were sold for total proceeds of $80.2 million (US$61.7 million) resulting in an average value of $83.82 per carat (US$64.53 per carat). The Company was very encouraged that it saw continued price recovery during the quarter with most sales categories finishing above pre-COVID-19 values. The Company has now concluded its rough diamond sales for 2020. ....

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