11:52 AM EDT, 10/18/2024 (MT Newswires) -- Mountain Province Diamonds ( MPVDF ) late on Thursday reported it recovered around 1.2-million carats in the third quarter from the Gahcho Kue diamond mine, down from 1.3 million carats in the year-prior quarter.

The company reported 923,814 ore tonnes mined, up from 887,695 ore tonnes a year earlier.

Mountain Province sold 679,599 carats for total proceeds of $69.4 million, up from 478,653 carats sold for $60.2 million.

The company maintained its 2024 production guidance of 4.2 to 4.7 million carats recovered, with production expected to finish in the mid to upper portion of the guidance range.

Mountain Province will release third-quarter financial results on Nov. 6, after market hours.

The company's shares were last seen up $0.005 to $0.15 on the Toronto Stock Exchange.

Price: 0.15, Change: +0.01, Percent Change: +3.45