Mountain Province Diamonds Inc T.MPVD

Alternate Symbol(s): MPVDF

Metals & Mining Industrial Metals & Minerals

Mountain Province Diamonds Inc. is a Canada-based diamond company. The Company’s primary asset is its 49% interest in the Gahcho Kue Mine, a Joint Venture with De Beers Canada. The Gahcho Kue Joint Venture property consists of several kimberlites that are actively being mined, developed, and explored for future development. The Company’s Kennady North Project includes approximately 113,000 hectares of claims and leases surrounding the Gahcho Kue Mine that include an indicated mineral resource for the Kelvin kimberlite and inferred mineral resources for the Faraday kimberlites. Kelvin is estimated to contain 13.62 million carats (Mct) at 8.50 million tons (Mt) at a grade of 1.60 carats/ton and a value of US$63/carat. Faraday 2 is estimated to contain 5.45Mct in 2.07Mt at a grade of 2.63 carats/ton and a value of US$140/ct. Faraday 1-3 is estimated to contain 1.90Mct to 1.87Mt at a grade of 1.04 carats/ton and a value of US$75/carat.

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Mountain Province Diamonds Inc

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Post by cigarbuttson Aug 30, 2018 12:58pm

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Post# 28543525

DeBeers Marketing Prowess

If you look at the AngloAmerican reports on DeBeers again, they show a TRADING account contribution to EBITDA for 2016, 2017, and 1/2 year 2018.

It's just below the data for "CANADA" :).

I assumesince this is not allocated to each and every mine or country in the report, that this represents their ability to juice a little more out of their higher value stones.

For 2017 this was $449MUS, $378MUS for 2016.

For the half year2018 report it was $253MUS.

Seperate EBITDA from trading verses those numbers reported by country.

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