18 April 2018
Mountain Province Diamonds Inc. today announces the results of its recently completed third diamond sale of 2018. Market conditions leading up to this third sale were consistent with those experienced during the first two sales of the year. Prices in the larger, better quality goods were stable to firmer, while those for smaller lower-quality goods softened slightly consistent with seasonal expectations. In general, conditions were firmer through the first quarter of 2018 than those experienced in the opening quarters of recent years. Customer participation continued to be robust, with 171 companies attending the tender and an average of 12.9 bids received per lot.