Brief: Mountain Province Diamonds Says On Track To Achieve Fy Guidance Of 6.6 - 6.9 Million Carats

Mountain Province Diamonds

17/10/2019 23:28

Oct 17 (Reuters) - Mountain Province Diamonds Inc  MPVD.TO :
    * MOUNTAIN PROVINCE DIAMONDS ANNOUNCES THIRD QUARTER 2019
PRODUCTION AND SALE RESULTS AND PROVIDES Q3 CONFERENCE CALL
DETAILS
    * MOUNTAIN PROVINCE DIAMONDS - ON TRACK TO ACHIEVE FY
GUIDANCE OF
6.6 - 6.9 MILLION CARATS, & AT LOWER END OF COST GUIDANCE OF
$110 - $115 PER TONNE TREATED
    * MOUNTAIN PROVINCE DIAMONDS - 11.7 MILLION TOTAL TONNES
MINED IN
QUARTER, A 1% INCREASE ON COMPARABLE PERIOD FROM GAHCHO KUÉ
DIAMOND MINE
    * MOUNTAIN PROVINCE DIAMONDS - 1,004,828 TONNES OF ORE MINED
IN
QUARTER, A 13% DECREASE FROM COMPARABLE QUARTER FROM GAHCHO KUÉ
DIAMOND MINE
    * MOUNTAIN PROVINCE DIAMONDS - SENTIMENT IN ROUGH DIAMOND
MARKET
REMAINS CAUTIOUS
    * MOUNTAIN PROVINCE DIAMONDS - RECENT PROTESTS IN HONG KONG
&
ONGOING TRADE NEGOTIATIONS BETWEEN U.S. & CHINA ALSO AFFECTED
MOOD IN ROUGH DIAMOND MARKET
    * MOUNTAIN PROVINCE DIAMONDS - CO'S MEDIUM TO LONG TERM
OUTLOOK
FOR ROUGH DIAMONDS REMAINS POSITIVE
    * MOUNTAIN PROVINCE DIAMONDS INC - ALL FIGURES ARE EXPRESSED
IN
CANADIAN DOLLARS UNLESS OTHERWISE NOTED

Source text for Eikon:  ID:nCNW3LVLxa 
Further company coverage:  MPVD.TO 

 ((Reuters.Briefs@thomsonreuters.com;))