Mountain Province Diamonds announced financial results for the second quarter ended June 30, 2023 from the Gahcho Kué Diamond Mine.
Revenue from 360,000 carats sold stood at $59.9 million (US$44.6 million) at an average realised value of $166 per carat (US$124) compared to $97.8 million from 587,000 carats sold in Q2 2022 (US$76.0 million) at an average realized value of $167 per carat (US$130).
Net income amounted to $17.3 million or $0.08 earnings per share, against $22.6 million or $0.11 earnings per share in the same quarter of 2022.
Alex Shishlo for Rough&Polished