Mountain Province Diamonds Inc. reported sales results for the fourth quarter and year ended December 31, 2022. For the quarter, the company sold diamond of 757,830 carats, at an average value of $127 per carat ($94 per carat) for total proceeds of $96.3 million ($71.3 million) in comparison to 808,739 carats sold at an average value of $105 per carat ($83 per carat) for total proceeds of $85.2 million ($67.5 million) a year ago.

For the year, the company sold diamond of 2,656,387 carats, at an average value of $146 per carat (USD 112 per carat) for total proceeds of $388.8 million ($297.3 million) in comparison to 3,158,418 carats sold at an average value of $94 per carat ($75 per carat) for total proceeds of $298.4 million ($236.9 million) a year ago.