Mountain Province Diamonds announces its financial and operating results for the fourth quarter and the full year ended December 31, 2023. According to the report, FY 2023 shows the 43% improvement in key site safety KPI (TRIFR) in 2023 vs 2022. Total sales revenue at $328.6 million (US$243.8 million) compared to $388.9 million in 2022 (US$297.3 million: at an average realized value of $121 per carat (US$90) 2022: $146 per carat (US$112). Repaid US$18 million in Senior Secured Second Lien Notes.
1,572,696 carats recovered during the Quarter at an average grade of 1.84 carats per tonne, 3% lower than the comparable quarter in 2022 (Q4 2022: 1,621,800 carats at 1.96 carats per tonne). 5,557,655 carats recovered during FY 2023 at an average grade of 1.71 carats per tonne, 1% higher than the comparable period (full year ended December 31, 2022 (“FY 2022”): 5,519,309 at 1.78 carats per tonne).
918,000 carats sold (Q4 2022: 758,000), with total proceeds of $79.8 million (US$58.9 million) at an average realized value of $87 per carat (US$64), compared to $96.3 million in Q4 2022, (US$71.3 million), at an average realized value of $127 per carat, (US$94).
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Congratulations to Hari Krishna Group on completing 34 years of excellence, innovation, and meaningful impact. Wishing the entire team continued success and many more milestones ahead! 💐✨
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On its 34th anniversary, Hari Krishna Group hosted Master Your Health at Nehru Centre, Worli, Mumbai, where Mr. Atul Shah, Founder of Ojas Life, shared insights on holistic wellness and preventive healthcare
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