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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De Beers Group Celebrates the Natural Father-Daughter Bond
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Honoured to be featured in The League Extraordinaire by The New Indian Express Group alongside 32 distinguished leaders. Grateful to Shri Eshwar B. Khandre and Shri Jagadish Shettar for the felicitation, and thankful to everyone who has supported my journey. 🙏✨
2Honoured to be featured in The League Extraordinaire by The New Indian Express Group alongside 32 distinguished leaders. Grateful to Shri Eshwar B. Khandre and Shri Jagadish Shettar for the felicitation, and thankful to everyone who has supported my journey. 🙏✨
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International Yoga Day 2026 was celebrated with great enthusiasm at Bharat Diamond Bourse under the theme "Yoga for Healthy Ageing."
The event brought together members of the gem & jewellery fraternity, highlighting the importance of yoga for wellness, balance, and healthy living
Heera Zhaveraat (HZ International) A Diamond, Watch and Jewellery Trade Promotion Magazine provide dealers and manufactures with the key analytical information they need to succeed in the luxury industry. Pricing, availability and market information in the Magazine provides a critical edge.
